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A REIT sprouts in Mexico, GMAC issues despite vote noise

REITs are starting to make noise in Mexico. Moody's de Mexico rated its first REIT last week, assigning a national scale rating of Baa2.mx' and local currency, global scale rating of B1' to Casablanca Trust's proposed Ps300 million ($26 million) issuance. The paper will have a 24.5-year term. In...

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