PPM CLO (PPMC) 2

ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
AUSD256.000-AaaNRAAA--36.00%-Floating3mL-1503mL+150-100.00000
B-1USD35.200-Aa2NRNR--24.20%-Floating3mL-2153mL+215-100.00000
B-2USD12.000-Aa2NRNR--24.20%-FixedSwaps-2154.849%--
CUSD16.400-A2NRNR--20.10%-Floating3mL-3003mL+300-100.00000
DUSD22.000-Baa3NRNR--14.60%-Floating3mL-4003mL+400-100.00000
EUSD20.000-Ba3NRNR--9.60%-Floating3mL-7003mL+700-100.00000
SubUSD44.000-NRNRNR-----------
Tranche Comments
A: First Pay: 2019-07-16; Registration: 144A Only; B-1: First Pay: 2019-07-16; Registration: 144A Only; B-2: First Pay: 2019-07-16; Registration: 144A Only; C: First Pay: 2019-07-16; Registration: 144A Only; D: First Pay: 2019-07-16; Registration: 144A Only; E: First Pay: 2019-07-16; Registration: 144A Only; Sub: First Pay: 2019-07-16; Registration: 144A Only;
Deal Comments
Credit enhancement levels are based on $400.0mm target portfolio par. The Class A Notes will be issued in loan format.
Reinvestment Period (YRS)
5
WAL Test Period (YRS)
9
Research
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