Eurohypo launches EUR 550m German CMBS transaction

German bank Eurohypo plans to launch a EUR 550 mln German commercial mortgage-backed securities transaction under an European Opera programme. The loan is backed by a portfolio of 36 office properties let to the federal state of Hesse on a 30-year lease. The transaction is the 15th of the Opera CMBS programme and takes total issuance to EUR 8.7 bn.

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