BAML syndicates Coeur Défense mezzanine to BAWAG

Bank of America Merrill Lynch has syndicated around a third of the €130m mezzanine debt secured against the Coeur Défense tower in Paris to Austrian bank  BAWAG. BAML underwrote a €935m whole loan in February for Lone Star’s €1.3bn purchase of the iconic building. The five-year refinancing was structured as a 60% LTV senior loan and a mezzanine […]