RAIT Financial Trust Closes Second European Securitization (FinanzNachrichten)
Story date: 2007-09-20 06:19:46
Added on: 2007-09-20 09:00:13
RAIT Financial Trust ( Nachrichten ) ("RAIT") (NYSE:RAS) announced the closing on September 13, 2007 of a EUR 900 million European real estate securitization transaction managed by a subsidiary of RAIT. RAIT purchased EUR 17.5 million of unrated notes in the securitization and will earn collateral management and origination fees.
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