UBS and Citigroup priced a $674-million CMBS transaction on December 9 that found strong demand. The AAA-rated super-senior bonds priced mostly in line with initial pricing guidance and at tighter spreads in most cases than comparable paper in the previous multi-borrower transaction -- a … [Read more...] about 12.9.11: UBS and Citigroup Price CMBS Issue Amid Strong Demand
3.23.11: Goldman Sachs/Citigroup Price CMBS Deal at Wider Spreads
Goldman Sachs and Citigroup priced a $1.4-billion CMBS transaction March 23; with the crisis in Japan and turmoil in Libya a significant widening in CMBS spreads occurred. With capital markets recovering some lost ground during the week, the transaction was able to clear the high end of price … [Read more...] about 3.23.11: Goldman Sachs/Citigroup Price CMBS Deal at Wider Spreads
