Birch Grove CLO (BIRCH) 3

ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
A-1USD310.000-Aaa----38.00%-Floating3mL1221223mL+122-100.00000
A-2USD15.000-Aaa----35.00%-Floating3mL1451453mL+145-100.00000
B-1USD33.500-Aa2----24.30%-Floating3mL1801803mL+180-100.00000
B-2USD20.000-Aa2----24.30%-FixedYLD225-2.450%2.450%100.00000
CUSD25.000-A2----19.30%-Floating3mL2252253mL+225-100.00000
D-1USD21.500-Baa3----15.00%-Floating3mL3203203mL+320-100.00000
D-2USD12.500-Ba1----12.50%-Floating3mL5255253mL+511-99.00000
EUSD21.250-Ba3----8.25%-Floating3mL7257253mL+698-98.25000
SubUSD42.603--------------Retained
Tranche Comments
A-1: First Pay: 2022-07-19; Redemption: 2023-12-15; Registration: 144A Only; A-2: First Pay: 2022-07-19; Redemption: 2023-12-15; Registration: 144A Only; B-1: First Pay: 2022-07-19; Redemption: 2023-12-15; Registration: 144A Only; B-2: First Pay: 2022-07-19; Redemption: 2023-12-15; Registration: 144A Only; C: First Pay: 2022-07-19; Redemption: 2023-12-15; Registration: 144A Only; D-1: First Pay: 2022-07-19; Redemption: 2023-12-15; Registration: 144A Only; D-2: First Pay: 2022-07-19; Redemption: 2023-12-15; Registration: 144A Only; E: First Pay: 2022-07-19; Redemption: 2023-12-15; Registration: 144A Only; Sub: First Pay: 2022-07-19; Redemption: 2023-12-15; Registration: 144A Only;
Deal Comments
Non Call Period: 2.00
Reinvestment Period (YRS)
5
Reinvestment Period End Date
Jan 19, 2027
WAL Test Period (YRS)
9
WAL Test Period End Date
Jan 19, 2031
Research
AllReportsSurveillanceOther
SectorNameTypePublisherDate
CLOS
Birch Grove CLO 6: 3% limit for negative cash during and after reinvestmentScorecardDealscribe
Aug 3, 2023
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