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October 3, 2006

Overseas Beat: S&P Examines De-Linked Single-Tenant Retail in European CMBS

By Michelle Napoli

With several single-tenant retail CMBS deals having closed earlier in the year in Europe for which, unlike in traditional CTLs, none of the securities were linked to the credit of the tenant, Standard & Poor’s recently issued a report examining the structure of these transactions.


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