Toys 'R' Us Highlights Single Borrower US CMBS Risks
Banking & Financial Services / United States / Tue 10 Apr, 2018
The effect of Toys 'R' Us' announcement that it will close all 735 of its stores on CMBS transaction TRU Trust 2016-TOYS is a prime example of how retail pressures can affect credit outcomes and how CMBS transactions can avoid risks. In October 2016, the deal launched and we declined to provide high investment-grade ratings while it was rated up to