Repayment of loans in European commercial mortgage-backed securities slowed in April and may continue that trend this year, according to Fitch Ratings. The credit rating agency reported that the Fitch Ratings Maturity Repayment Index slipped from 40.3% in March to 38.1% last month. A Fitch spokeswoman said, “Where lending conditions don't improve then it will be very difficult to refinance the amount of debt that the borrowers have outstanding."

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