FRANKFURT — Deutsche Bank AG is marketing about $609 million in bonds backed by commercial-mortgage backed securities (CMBSs) in the first offering of its type since sales revived in November 2009.
The issue will be tied to floating-rate mortgages including debt on the iconic 679-room Hotel del Coronado, located on oceanfront property in Coronado adjacent to San Diego, and the Standard Hotel in Manhattan, according to people with knowledge of the offering.
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