PIE Events
- Nordics Property Breakfast
31 May 2012
Frankfurt am Main, Germany
Upcoming Events
- Property Debt Breakfast
20 June 2012
London
Proposed Karstadt sale has no rating impact - Fitch
The announced sale of Germany's struggling department store chain Karstadt has no immediate rating impact on a mortgage-backed securitisation used to finance the holding firm, says ratings group Fitch Ratings. It already placed CMBS Fleet Street Finance Two (FS2) floating-rate notes on Watch Negative in April. (See upcoming PIE Editions for full story)