WestImmo places EUR 500 mln Pfandbrief
German property lender Westdeutsche ImmobilienBank (WestImmo) said on Tuesday it had successfully placed a EUR 500 mln mortgage Pfandbrief on the capital market. The coupon amounts to 3% and the yield mark-up is 55 basis points above swap average. The term is three-and-a-half years.
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