Goldman, Citigroup Said to Market $1.7 Billion CMBS Offering
This article is for subscribers only.
Goldman Sachs Group Inc. and Citigroup Inc. plan to offer $1.7 billion in securities tied to commercial mortgages, resuscitating a deal that was withdrawn after Standard & Poor’s withdrew its ratings.
The debt will be marketed to investors next week, according to people familiar with the offering who declined to be identified because the deal hasn’t been announced. The issue was originally $1.5 billion.