Cantor To Raise $775M In Bond Sale

Financial services firm Cantor Fitzgerald is planning to sell $775 million of commercial-mortgage bonds.

Financial services firm Cantor Fitzgerald is planning to sell $775 million of commercial-mortgage bonds, Bloomberg reports. About 15 percent of Cantor’s deal comprises loans bought from Zurich-based Credit Suisse Group.

The biggest loan in the pool comprises a $99.3 million debt tied to a mall in Grandville, Michigan, made by Credit Suisse Group affiliate Column Financial. Column made out the loan on June 1 and it was acquired by Cantor on October 28.

Click here for the story from Bloomberg.