The shopping mall REIT has nearly $2 billion of floating-rate debt that it would like to refinance into fixed-rate mortgages. Much of that stems from two securitizations that were floated in 1999.
February 20, 2001NEW YORK - Fitch has put two classes of CDC Securitization Corp., 1999-FL1, on Rating Watch Positive because of increased subordination due to prepayments.The rating agency put the deal's double A ($41 million) and single-A ($43.7 million) classes ...
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