Ratings assigned to Blackstone’s ‘Gondola’ CMBS

Fitch today assigned provisional ratings to Deutsche Bank’s Italian €355m DECO-2014 Gondola CMBS, the first new deal this year, secured on three loans to Blackstone. There is a €185.5 Class A tranche; a €65m Class B tranche; €30.5m Class C; €52m Class D; and €22m Class E, all with final legal maturity in February 2026. […]

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