Think Tank launches CMBS deal

On 21 October, Think Tank Group (Think Tank) launched its new commercial mortgage-backed securities (CMBS) deal, Think Tank Series 2019-1. The deal has total indicative volume of A$350 million (US$239.8 million), with pricing expected on 25 October. Commonwealth Bank of Australia is arranger and joint lead manager alongside Deutsche Bank and Westpac Institutional Bank.