The premium paid on CMBS rated BBB -, the lowest investment - grade level before junk, has tumbled 105 basis points over the last month, more than 10 times the spread compression of investment - grade corporate bonds, Edward Reardon and Simon
Mui wrote in a note dated Aug. 2.
«The true Fireman's Recipe is simple: make sure your dinner guests are famished before you finally feed them,» Reardon and
Mui wrote.
As many as 26 of the weakest properties in a 2016 commercial mortgage - bond deal secured by 123 Toys «R» Us stores may have little or no value, Deutsche Bank AG analysts Ed Reardon and Simon
Mui wrote in a note Wednesday.
[Vanessa
Mui wrote this paper for a course in Professional Responsibility taught by Professor Adam Dodek at Ottawa University Faculty of Law]