Credit Suisse plans to issue $350 million in securities backed by a single commercial mortgage loan that is secured by the Four Seasons Resort Maui at Wailea-Makena, Hawaii, according to Morningstar.

The loan has an initial term of 24 months but can be extended by a maximum of five-years either through five one-year extensions, one three-year and two one-year extensions, or one two-year and three one-year extensions.  It will pay only interest for its entire term. Also included in the trust is additional mezzanine debt that totals $175 million.

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