Nearly two-thirds – or 60% – of European CMBS maturing loans could fail to repay by the end of 2012, according to Standard & Poor's.

The rating agency said it based its finding on the loan-to-value (LTV) ratio, which can be a useful indicator of a borrower's ability to attract finance to meet its balloon maturity obligation.

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.