Centro prices first CMBS deal

Aussie property trust taps debt capital markets for first time with A$200 million issue.

Rob Davies

November 26, 2002

Centro Properties Group, the listed property trust with interests in 27 retail properties located throughout Australia, has made its debut in the debt capital markets with a A$200 million ($112.2 million) commercial mortgage-backed securitization (CMBS). ANZ Investment Bank and Commonwealth Bank acted as joint lead manager on the transaction.

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