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European CMBS market deteriorates
Renée Schultes
14 Aug 2008
14 Aug 2008
 |
Friday
05 December 2008
12:04 GMT
The performance of European commercial mortgage backed securities worsened in the first half, as rating agency Standard & Poor's made more downgrades than upgrades to the asset class for the first time and noted more breaches of covenants.
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