Charter Hall announces fourth Australian CMBS issue of the year

Preliminary ratings have been assigned to a new commercial mortgage-backed securities (CMBS) deal to be issued by Charter Hall Retail Finance (Charter Hall), formerly known as Macquarie CountryWide Finance (Macquarie). The indicatively-sized A$250 million (US$267 million) transaction is just the second securitisation issue since late July, with IMB also executing a CMBS trade on August 23 at a size of A$202.6 million.