CMBS steps out as Banca IMI and Cairn price fashionable deal

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CMBS steps out as Banca IMI and Cairn price fashionable deal

Tom Porter
January 23, 2015 10:00 AM
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Candela Novembre arriving at the Emporio Armani Spring/Summer 2015 runway show in Milan, Italy. | Paolo Diletto/PA Images

Banca IMI and Cairn Capital priced and issued the first European CMBS transaction of the year this week, with the deal being used to refinance a luxury fashion complex in Milan.

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