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Bond Sale Tied to Manhattan Office Building Is Latest On Hold
Source: Bloomberg
Credit & Bond MarketsHousing & Real EstateInterest Rates & Yields
A bond sale tied to a 24-story Midtown Manhattan office tower—home to the publisher of Rolling Stone—was postponed. The delay is part of a string of real estate-backed debt deals held up amid weakened credit conditions and volatile rate markets; the article gives no deal size or revised timing.
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