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Goldman, Citi Offer $1.4B In CMBS

Goldman Sachs has issued $1.4 billion in fixed-rate commercial mortgage-backed securities.

    Goldman Sachshas issued $1.4 billion in fixed-rate commercial mortgage-backed securities (CMBS),The Wall Street Journalreports. The largest top-rated portion was a $532.01 million 9.73-year tranche.

    Goldman andCitigroup Global Marketswere the joint lead managers of the offering. The issue is tied to 57 mortgages on 111 properties across the U.S. with the highest concentration in Texas, addsBloomberg.

    Click here for the story fromThe Wall Street Journal.

    Click here for the additional coverage fromBloomberg.

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