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CMBS

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  • ABN Amro has launched and retained a new issue of residential mortgage-backed securities from its Goldfish Master Issuer program, which securitizes Dutch home loans guaranteed under the government’s National Hypotheek Garantie program.
  • UPP, the UK company that develops and manages student housing, sold a £382m debut bond on Thursday, secured on its properties at six English universities.
  • The loan backing the Vanwall Finance CMBS — securitised by Deutsche Bank and Barclays in 2006 on a portfolio of Toys ‘R’ Us retail and distribution units in the UK — is expected to be refinanced by a group of unidentified lenders ahead of the April maturity date.
  • Intu Properties, the UK’s biggest shopping centre owner, which has just changed its name from Capital Shopping Centres, is setting up a new secured debt issuance programme to refinance four of its malls.
  • Three U.K. commercial mortgage securitizations which have the British Broadcasting Corporation as an underlying tenant have seen their ratings slashed by Moody’s Investors Service following the rating agency’s downgrade of the U.K. government sovereign last week from AAA to Aa1.
  • Intu Properties, the U.K.’s biggest shopping center owner, which has just changed its name from Capital Shopping Centres, is setting up a new secured debt issuance program to refinance four of its malls.
  • The loan backing the Vanwall Finance CMBS — securitised by Deutsche Bank and Barclays in 2006 on a portfolio of Toys ‘R’ Us retail and distribution units in the UK — is expected to be refinanced by a group of unidentified lenders ahead of the April maturity date.
  • Intu Properties, the UK’s biggest shopping centre owner, which has just changed its name from Capital Shopping Centres, is setting up a new secured debt issuance programme to refinance four of its malls.
  • Regional mall properties continue to be the dominant single asset commercial mortgage-backed securities property type in 2013.