Citigroup and Cantor plan to issue $343 million in securities backed by three loans that are secured by two office properties and a retail complex.

Kroll Bond Ratings has preliminary ratings to notes issued from the CG-CCRE 2014-FL1 trust, including $206 million of class A notes with credit enhancement at 36.9%, ‘AAA’;  $48.37 million of class B notes with credit enhancement at 22.16%, ‘AA-’; $28.9 million of class C notes with credit enhancement at 13.30%, ‘A-’; $35.7 million of class D bires wirh credit enhancement at 2.36%, ‘BBB-’; and $7.7 million of class E notes ‘BB+’.

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