Colonial First State Capital Management is planning to offer A$683 million ($623 million) of commercial mortgage-backed securities. According to Standard & Poor’s, the Australian firm’s CMBS include two tranches, one AAA-rated totaling A$370 million ($338.6 million), and the other A-1+ rated at A$313 million ($286.47 million). The loans, which will mature in 2015, are backed by three dozen retail, office and industrial properties in Australia.
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