Tag Archives: Toys R Us

Toys R Us converts PIMCO bridge loan into first non-bank European CMBS

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Toys R Us has priced and closed the re-securitisation of its 31 UK-wide retail stores and distribution centre, as cornerstone bridge loan underwriter PIMCO, along with a minority stake by Marathon Asset Management, convert their £263.16m bridge loan into seven-year … Continue reading

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Toys R Us nears watershed £260m ‘secondary’ CMBS closure

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PIMCO and Marathon Asset Management’s seven-year fixed rate bridge loan for Toys R Us’ UK portfolio will convert into the Debussy DTC £260m CMBS at the end of the month, in the first truly secondary commercial property portfolio to return … Continue reading

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BAML issues €1.07bn Taurus 2013 GMF 1 on Gagfah’s Woba portfolio

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Bank of America Merrill Lynch issued the five-tranche €1.07bn Taurus 2013 GMF 1 CMBS on Friday afternoon, secured by Gagfah’s 46,151-strong Dresden multi-family-focused “Woba” portfolio, in the first new issuance European CMBS of the year. BAML’s return new issuance has been … Continue reading

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PIMCO and Marathon fund £263m Toys R Us bridge loan ahead of ‘Debussy’ CMBS

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Toys R Us has secured a £263m fixed rate bridge loan from two principal existing CMBS note holders, PIMCO and Marathon Asset Management, ahead of a fresh securitisation, called Debussy DTC, which could close as soon as the summer, CoStar News … Continue reading

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