Lead manager Banc of America Securities and co-manager Greenwich Capital Markets were showing investors a triple-net lease franchise deal from U.S. Restaurant Properties (USRP) last week.

The $180 million, floating-rate, one tranche transaction was wrapped to a triple-A by MBIA. The deal priced at 48 basis points over the one-month Libor.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.