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ELOC |
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At closing, the notes issued in ELOC 3 were secured by a pool of 16 loans originated by Morgan Stanley Dean Witter Bank Ltd. The Orb borrowers are the original borrowers under a loan in the ELOC 8 transaction, while Seafield Holdings was the only tenant of OWL. This transaction is the 15th in Morgan Stanley Dean Witter Bank's ELOC series of securitizations. |
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