Cases & Deals

DDR obtains $1.35 billion mortgage loan provided by Column Financial

Clients DDR Corp.

Jones Day advised DDR Corp. in connection with a $1.35 billion mortgage loan provided by Column Financial, Inc.; JP Morgan; and Wells Fargo which was collateralized by mortgage liens on 38 U.S. properties and a pledge of equity interests in the owners of 12 Puerto Rico properties. Subsequent to closing, the notes were placed into a securitization trust which issued and sold mortgage-backed securities to investors.

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