Commercial Real Estate Direct Staff ReportAmerican Capital Strategies Ltd. said it paid $81 million for bonds with a face value of $136 million from JPMorgan Chase Commercial Mortgage Securities Corp., 2005-LDP5.The investment marks the first for the Bethesda, Md., company, ...
ClassAmt$mlnSubLevel%AvgLife (yrs)RatingS&PRatingFitchRatingMoody'sFinalPricing (bp)BnchmarkA-1250.5630.002.98AAAAAAAaa+11swapsA-1A453.4230.00NAAAAAAAAaaNAswapsA2FL200.00NA4.55AAAAAAAaa+12.5LiborA-2297.5030.004.90AAAAAAAaa+24swapsA-3171.4530.007.08AAAAAAAaa+35swapsA-41,395.8730.009.67AAAAAAAaa+30swapsA-SB169.4630.006.90AAAAAAAaa+31swapsA-M419.7020.009.96AAAAAAAaa+34swapsA-J299.0412.879.96AAAAAAAaa+42swapsB26.2312.259.96AA+AA+Aa1+47swapsC73.4510.5010.03AAAAAa2+50swapsD41.979.5010.05AA-AA-Aa3+53swapsE20.999.0010.05A+A+A1+57swapsF52.467.7510.05AAA2+61swapsG36.726.8810.05A-A-A3+72swapsH52.465.6310.05BBB+BBB+Baa1+110swapsJ41.974.6310.05BBBBBBBaa2+135swapsK62.963.1310.05BBB-BBB-Baa3+195swapsL26.222.50NANABB+NANANAM15.742.13NANABBNANANAN15.741.75NANABB-NANANAO5.251.63NANAB+NANANAP5.251.50NANABNANANAQ10.491.25NANAB-NANANANR52.46NANANANANANANAHG-1NANANANANABa3NANAHG-2NANANANANAB1NANAHG-3NANANANANAB2NANAHG-4 NANANANANAB3NANAHG-5NANANANANANRNANAX-1*4,196.43NANANANAAaaNANA*Notional amount, interest onlyCollateral balance: $4,196.43 millionBookrunner(s): J.P. Morgan Securities, Nomura SecuritiesLead Managers: J.P. Morgan Securities, Nomura SecuritiesCo-managers: IXIS Securities, PNC Capital Markets, Duetsche Bank Securities, Merrill Lynch and Wachovia Capital Markets. B-piece Buyer: American Capital ...
© 2023 Commercial Real Estate Direct All rights reserved.
© 2023 Commercial Real Estate Direct All rights reserved..