Feb 03, 2012
- Hugh Leask
Taurus CMBS Loan Granted Extension
The GL Whole Loan, securitized in Merrill Lynch’s Taurus CMBS (Pan-Europe) 2007-1 commercial mortgage-backed deal, has been given a three-month extension to allow the borrower to arrange full repayment of the debt.
The EUR80.6 million ($105.4 million) whole loan, of which EUR70.1 million ($91.8 million) was securitized in the EUR550 million ($720.3 million) transaction, had originally been set to mature Jan. 30. But Capita Asset Services earlier this week agreed....