Digital Media Net - Your Gateway To Digital media Creation. News and information on Digital Video, VR, Animation, Visual Effects, Mac Based media. Post Production, CAD, Sound and Music
NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) releases its A Look at CRE CLO Re-Bridging report, in response to investor interest on the topic.
To date, we have observed a few re-bridging transactions among KBRA-rated commercial real estate collateralized loan obligation (CRE CLO) securitizations, although their occurrence has been fairly limited on an overall basis.
Re-bridging (also known as bridge-to-bridge) occurs when a borrower uses a new bridge loan to refinance an existing one—potentially with higher proceeds and/or a lower interest rate. In this report, KBRA reviews two situations in which re-bridging was observed:
KBRA has observed the following re-bridging activity across our rated universe:
To view the report, click here.
Related Publications: (available at www.kbra.com)
CONNECT WITH KBRA
About KBRA and KBRA Europe
KBRA is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider and is a certified Credit Rating Agency (CRA) by the European Securities and Markets Authority (ESMA). Kroll Bond Rating Agency Europe Limited is registered with ESMA as a CRA.
Margit Grejdus, Director
Roy Chun, Managing Director
Nitin Bhasin, CFA, Senior Managing Director
Eric Thompson, Senior Managing Director
Michele Patterson, Managing Director
Latest funding round accelerates commercialization of leading voice tech startup’s next-generation technology and expands its…
NEEDHAM, Mass.--(BUSINESS WIRE)--#Android--An updated forecast for the worldwide smartphone market from International Data Corporation (IDC)…
此次收购将为凯悦新增专注于充满活力的餐饮和夜生活体验的快速增长品牌组合，扩大凯悦独特的生活方式酒店服务 芝加哥--(BUSINESS WIRE)--(美国商业资讯)--凯悦酒店集团(Hyatt Hotels Corporation, NYSE: H)和Dream Hotel Group宣布达成一项协议，由凯悦旗下关联公司收购包括Dream Hotels、The Chatwal Hotels和Unscripted Hotels品牌在内的Dream Hotel Group旗下生活方式酒店品牌和管理平台，以及分布在美洲、欧洲和亚洲的一些首要酒店市场的酒店。…
此次收購將為凱悅新增專注於充滿活力的餐飲和夜生活體驗的快速成長品牌組合，擴大凱悅獨特的生活風尚酒店服務 芝加哥--(BUSINESS WIRE)--(美國商業資訊)--凱悅酒店集團(Hyatt Hotels Corporation, NYSE: H)和Dream Hotel Group宣佈達成協議，由凱悅旗下關係企業收購包括Dream Hotels、The Chatwal Hotels和Unscripted Hotels品牌在內的Dream Hotel Group旗下生活風尚酒店品牌和管理平臺，以及分佈在美洲、歐洲和亞洲的一些首要酒店市場的酒店。…
12 marketplace brands will take the virtual stage to compete for $10,000 and priceless advice…