Latest news
Latest news
Deals at the double as mall-backed issuance creeps up
Sponsors also inject $35m of equity
UBS headquarters among deals in enthusiastic SASB market
More articles
-
The European Commission has approved Greek plans to set up a scheme called Hercules to enable the country’s banks to cut their non-performing loan (NPL) exposures. -
Blackstone this week priced the largest CMBS transaction since the financial crisis, selling bonds totalling $5.6bn backed by a portfolio of warehouses it acquired from real estate asset manager GLP in June.
-
Blackstone is in the market this week with a $5.6bn CMBS deal backed by a portfolio of industrial properties, the largest commercial mortgage bond issuance since 2014.
-
Logicor, the UK and European logistics group owned by China Investment Corp and Blackstone, is marketing a secured bond of up to £900m this week to take out some existing debt, hitting the market window ahead of expected disruption around the UK’s EU exit date of October 31.
-
Bank of America Merrill Lynch is bringing the third deal of the year from its Taurus CMBS shelf, with the transaction this time around backed by UK student housing.
-
Deutsche Bank managed to syndicate the maximum amount possible of its loan against a UK shopping centre, where one of the largest tenants is troubled department store Debenhams, defying a deep gloom about retail in general and the UK economy ahead of Brexit.
-
Orrick, Herrington & Sutcliffe has hired a structured finance lawyer to join its team from Ropes & Gray, the firm's third London hire in a month.
-
Banks are getting ready to sell investors on $2.7bn of commercial mortgage bonds, offering up a buffet of conduit, single borrower and commercial real estate CLO paper.
-
A recent Spanish Supreme Court ruling on NPL foreclosures will help buyers of poorly performing mortgage portfolios avoid years of potential legal proceedings.
