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Aareal and pbb provide €228 million refinancing to Ærium Cardinal fund

Aareal Bank AG and pbb Deutsche Pfandbriefbank have jointly underwritten a €228 million senior acquisition facility, to refinance a 23 prime asset portfolio mainly located in Paris Central Business District. Aareal Bank and pbb are acting as Joint Arrangers and Initial Lenders; in addition pbb carries out the role as…

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