Bond servicers wrapped up a 2016 commercial mortgage-backed bond deal backed by a loan on a portfolio of 123 Toys R Us or Babies R Us this past week. Investors in the bottom of the stack of those bonds took a $105.8 million loss, according to S&P Global.
Toys R Us Tally a 21% Loss for Some Bondholders
Some CMBS Investors Ended Up with a $106 Million Loss
CoStar News
September 6, 2019 | 3:17 P.M.
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IN THIS ARTICLE
- Companies
- Toys r Us; Inc
Retailer