IMC Completes Fourth CMBS Transaction: Canadian New Issuance Grows 300% Year Over Year
December 3, 2013
Institutional Mortgage Capital ("IMC") announces the successful completion of its fourth Canadian CMBS issuance of $330.4 million (Institutional Mortgage Securities Canada Inc., Series 2013-4). This transaction has been rated by Fitch and DBRS. IMC has now issued a total of $1.069 billion of new Canadian commercial mortgage backed securities since 2011, and has a 52% total market share of new Canadian issuance.
Originally published by CNW. Click here for the full article.