NEW YORK CITY-The $3 billion senior debts owned by Bank of America Corp. and Goldman Sachs Group Inc. on Hilton Worldwide is expected to be sold in the coming two weeks.
By GlobeSt News Hub|October 19, 2010 at 01:01 AM
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NEW YORK CITY-The $3 billion senior debts owned by Bank of America Corp. and Goldman Sachs Group Inc. on Hilton Worldwide is expected to be sold in the coming two weeks, a largest issuance of CMBS since the recession, which marks the revival of CMBS market.
In a separate announcement, Deutsche Bank and J.P. Morgan Chase & Co. are preparing to market their $2 billion debt on the hotel chain Extended Stay Inc. by the end of October 2010. For the full story, go to Wall Street Journal.
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