A-Reit brings second successful international securitization

Singaporean Reit prices at tight differential to international comps.

Ascendas Reit Estate Investment Trust (A-Reit) returned to the international commercial mortgage-backed securitization sector yesterday (Tuesday) with an Eu165 million seven-year deal via BNP Paribas. The triple-A rated transaction was priced at the mid-point of its marketed range of 22bp to 24bp over Euribor.

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