Tag Archives: TAURUS 2016-1 DEU

BAML books marginal profit on €317m Blackstone CMBS despite discounted junior note sale

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BAML priced the €317m Kingfisher CMBS transaction, sponsored by Blackstone, at an estimated marginal profit, despite selling the two junior tranches at a discount. The final capital structure for TAURUS 2016-1 DEU – which is the securitisation of a loan … Continue reading

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BAML tests CMBS market with first deal of the year in €317m Blackstone-sponsored Kingfisher transaction

BAML has launched the first European CMBS of the year, the securitization of a loan extended to Blackstone to acquire the Kingfisher retail-led property portfolio in Germany from bad bank FMS Wertmanagement. The capital structure for the €317.05m TAURUS 2016-1 … Continue reading

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