RBS CMBS priced at $309.7 million

04/12/2010 | Reuters

RBS Commercial Funding priced its multiborrower commercial mortgage-backed securities transaction at $309.7 million. Backed by 81 commercial properties across several states, the loan's largest $220.3 million tranche was priced at a 90-basis-points spread over interpolated swaps. A $20.4 million issue was priced at a spread of 80 basis points over interpolated swaps, according to market sources. Both tranches were AAA-rated.

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