Bank of America prices $460 mln Fortress CMBS issue

NEW YORK Dec 3 (Reuters) - Fortress Investment Group (FIG.N) on Thursday completed just the second new issue of U.S. commercial mortgage-backed securities since mid-2008 through underwriter Bank of America Corp., according to Thomson IFR.

The top-rated portion of the $460 million CMBS sold at yields equivalent to an interest rate swap benchmark plus 2.25 percentage points. Earlier, underwriters pitched a premium of 1.9 percentage points to 2.1 percentage points.

(Reporting by Al Yoon)

((albert.yoon@thomsonreuters.com; +1 646-223-6347; Reuters Messaging: albert.yoon.reuters.com@reuters.net))