WaPo: $5 Billion Of CMBS Deals On The Way

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As much as $5 billion of commercial mortgage-backed securities (CMBS) could be brought to market over the next two months, the Washington Post reports.

The bond offerings would likely include the $1.5 billion deal that Goldman Sachs and Citigroup pulled in July after Standard & Poor's withdrew its ratings. Additionally, Bank of America, Morgan Stanley, Wells Fargo, Royal Bank of Scotland and JPMorgan Chase are preparing CMBS sales, the report says.

To read the full Washington Post coverage, click here.

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