Chase Issues $1.1B CMBS Deal

Posted by Orb Staff on October 07, 2010 No Comments
Categories : Commercial Mortgage

JPMorgan Chase & Co. has sold the seventh – and largest – issuance of commercial mortgage-backed securities (CMBS) this year, Bloomberg reports.

The deal is a $1.1 billion offering, according to Bloomberg, with the top-ranked portion yielding 150 basis points more than the benchmark swap rate.

SOURCE: Bloomberg

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