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DB and SocGen launch tightly-priced Blackstone-sponsored French logistics-led €292.7m Arrow CMBS

Deutsche Bank and Société Générale have jointly issued a tightly priced securitisation of a €308.2m loan backed by a French-dominant secondary logistics and light industrial portfolio acquired by Blackstone.
By James Wallace
November 1, 2018 | 1:17 P.M.

The new securitisation – named Arrow CMBS 2018 DAC – is the first European post-financial crisis CMBS transaction with a large French asset exposure, launched at time of broad-based weakening ABS sentiment (see below for market commentary). BAML and Morgan Stanley are also preparing new CMBS deals.

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News | DB and SocGen launch tightly-priced Blackstone-sponsored French logistics-led €292.7m Arrow CMBS