Deutsche Bank plans to issue its first Irish CMBS since the financial crisis, the bank stated in a transaction document today.

DECO 2015-HARP pools three loans secured byn 18 residential, office and retail properties located mostly in Dublin, Ireland. The loans have an overall loan-to-value (LTV) ratio of 62.8%. 

The deal is expected to be rated by Standard & Poor’s and Moody’s Investors Service, according to the transaction document.

Up for sale are a total of €175 million ($185 million) of commercial mortgage backed securities that include €90 million of class A notes with a weighted average life of 3.8 years, €55 million of class B notes with a WAL of 5.1 years, €17.5 million of class C notes with a WAL of 5.8 years and €12.5 million of class D notes with a WAL of 5.8 years.

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