The new-issue CMBS market closed out the first quarter with three conduit deals that offered over $3 billion in rated securities, bringing total issuance to around $19 billion.

On Wednesday of last week the $1.08 billion MSBAM 2014-C15 priced its super senior, 10-year notes at swaps plus 90 basis points and the 10-year, triple-B minus tranche at swaps plus 370 basis points.

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.