Vornado has issued a $660 million CMBS deal. According to a presale report, Fitch Ratings expects to assign ‘AAA’ ratings to the class A-1, A-2-FX, and A-2-FL notes, totaling $131.5 million, $312.8 million, and $60.0 million, respectively.

It will assign ‘AA’ ratings to the $38.7 million class B notes, ‘A’ ratings to the $57 million class C notes, and ‘BBB-‘ ratings to the class D notes, according to a presale report.

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