Cheyne loses bid to kick servicer off Deco deal
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Cheyne loses bid to kick servicer off Deco deal

Owen Sanderson
August 04, 2015 03:15 PM

Cheyne Capital Management has lost its bid to kick the issuer special servicer off Deco 15 – Pan Europe 6, a pre-crisis CMBS deal backed by German assets. The UK High Court decided noteholders need to pass an extraordinary resolution to change the servicer.

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Owen Sanderson