EMEA

摘要

Deutsche bank paid substantially more than initially expected for its pan-European CMBS, which priced early last Friday afternoon after a week-long execution. Final spreads on deco-2015 charlemagne came notably wider than expected, with BBB+/BBB Class D and BBB-/BB Class A bonds as much as 145bp off initial levels. Triple As came at 145bp over three-month Euribor, from initial thoughts of the 140bp area last Friday, while the Double As and Single As came at 215bp and 290bp, from first thoughts of the 175bp and 220bp areas respectively.