Fitch slams CMBS return over legal doubts

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Fitch slams CMBS return over legal doubts

Fitch Ratings has said that Deutsche Bank’s DECO 2011 CMBS, the first European CMBS since the crisis, would not achieve triple A under its methodology. The agency was asked to offer preliminary feedback on the deal but was not asked to rate the deal. S&P and DBRS have provided ratings.

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