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D.Bank, UBS to issue $2.5 billion CMBS: report

FRANKFURT (Reuters) - Deutsche Bank DBKGn.DE and UBS UBSN.VXUBS.N are preparing to issue as much as $2.5 billion in commercial mortgage-backed securities, Bloomberg reported, citing a person familiar with the matter.

The securities linked to loans on office buildings, shopping malls and hotels are the largest offering of their kind since the market froze in June 2008, Bloomberg said.

JP Morgan JPM.N plans to sell $1.5 billion in similar debt, Bloomberg also said, citing a person familiar with that sale.

Deutsche Bank declined to comment. UBS and JP Morgan were not immediately available for comment.

Reporting by Edward Taylor; Editing by David Holmes

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