BNP Paribas/CIB has closed the AUD 900 million Commercial Mortgage-Backed Securities issuance (CMBS) for Centro Properties Group of Australia. The transaction involved CTI (Coverage and Territories International), Fixed Income's Debt Capital Markets, Securitisation and Derivatives teams, within Corporate and Investment Banking. BNP Paribas played a number of significant roles in this landmark transaction : Sole Lead and Bookrunner for the Euro Tranche, Co-Manager for the AUD tranches, Structuring Advisor, Cross-Currency Swap advisor  and provider, Interest rate Swap provider, Advisor on marketing strategy and Roadshow Logistics coordinator. It is the first time our bank has been mandated for a CMBS deal from Australia, and for a unique structure (first CMBS from Australia involving a Master Trust structure, first Australian CMBS to be issued in Euro, and largest Australian CMBS issuance at AUD 900 million). The vehicle was rated by all three rating agencies.