Brief: Deutsche Pfandbriefbank Agrees On SRT Transaction With Oaktree On $2 Bln Loan Portfolio

Deutsche Pfandbriefbank AG

22/12/2025 09:07

Dec 22 (Reuters) - Deutsche Pfandbriefbank:

PBB AGREES ON SRT TRANSACTION WITH OAKTREE ON $2 BILLION LOAN PORTFOLIO

OAKTREE WILL WRITE PROTECTION AGAINST MEZZANINE TRANCHE OF PBB’S PERFORMING US PORTFOLIO AMOUNTING TO APPROX $320 MILLION

UNDERLYING PERFORMING US PORTFOLIO HAS VOLUME OF APPROX $2 BILLION AND MAINLY COMPRISES OFFICE ASSET CLASS

Source text: https://tinyurl.com/5c8a48ub

Further company coverage: PBBG.DE

 (Berlin newsroom)

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