(Reuters) - "We are increasingly concerned by the quality of loan underwriting," Daniel Kolter, Moody's team managing director in Europe, said, on the day rival agency Standard & Poor's cut some notes from a UK hotels-backed CMBS to an unprecedented D, or default.
Strong demand for space from tenants, rising rents, and limited new builds are expected to help CMBS issuance break more records this year on both sides of the Atlantic.
Read more at Reuters.com Bonds News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment