Taurus 2018-1 IT S.r.l.: 20 May 2018
The second Italian CMBS from arranger Bank of America Merrill Lynch within a year. There are three underlying loans in the transaction amounting to €359.6m, but only €300.1m is actually securitised.
The Camelot loan has been extended to Blackstone and is secured by 16 multi-let properties in Italy currently valued at €303.9mln.
The Bel Air loan has been extended to Partners Group and is secured on six shopping centres in Italy, currently valued at €215.8mln.
The Logo loan has also been extended to Blackstone and is secured by three multi-let logistics assets in Italy currently valued at €56.1mln