FS Rialto Issuer Ltd (FSRIA) 2025-FL10

ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
MLOY81.5608.877.10PC-S---52.00%-BpbcypqfABER220i-CDPG+220-52.83000
VAGP50.5857.251.10VQ-VV---1.66%--------
TIJF41.7349.902.80FC-SSS--76.43%-DhvewcqnEHFK275j-ALYB+275-92.31000
O-LOGR284.3172.696.50DJ-UUU--75.50%-CyxzdrhjQWUG165n-DVTW+165-68.21000
ONHL16.9888.342.40XX-P---6.57%--------
FTHNNQ67.988--FG-FF-----------
QMFD713.2814.109.49Dcc-III--32.43%-KxrudwdyJBAZ145i-SAXK+145-72.93000
IXVA44.2073.438.60LD-QQQ---28.84%-XxbqxuqiMSVX355r-WWZX+355-23.59000
DCYI36.5368.114.40GS-QQ---74.82%-YwudtwfqIVPF190y-XXJE+190-72.31000
Tranche Comments
Q: First Pay: 2025-03-11; Registration: 144J/Tbj Z; O-L: First Pay: 2025-03-11; Registration: 144A/Oht B; D: First Pay: 2025-03-11; Registration: 144B/Tlt R; M: First Pay: 2025-03-11; Registration: 144L/Pxq K; T: First Pay: 2025-03-11; Registration: 144J/Wjt J; I: First Pay: 2025-03-11; Registration: 144X/Jug Z; V: First Pay: 2025-03-11; Registration: 144F/Xyx Y; O: First Pay: 2025-03-11; Registration: 144K/Kzm V; FTH: First Pay: 2025-03-11; Registration: 144V/Ibg P;
Risk Retention
DA - Ihwl BD/DK - Ihw
# of Properties
15
WA Seasoning (Months)
72
WA U/W DSCR
1.18n
WA U/W NOI Debt Yield
8.0%

Commentary 

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Deal Flow 

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B&I

BWICS & Inventory

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TRACE

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Research