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CMBS Pricing Coaxes Investors
Earlier this month, the Dow Jones newswire reported that Deutsche Bank and UBS offered a $1.4 billion in CMBS for the first time since the market's recovery from the financial crisis. The deal offered investors 30% in credit protection, nearly double the levels in their June multi-loan offering and it was the first 2.0 era deal to include a publicly registered portion.
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