FS Rialto Issuer Ltd

Deals

Class	CCY	SZE(M)	WAL	WALX	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
A	USD	431.851	2.08	4.26	Aaa	-	-	-	AAA	47.00%	-	Floating	SOFR	-	-	SOFR+310	-	99.25000
A-S	USD	114.074	2.67	4.64	NR	-	-	-	AAA	33.00%	-	Floating	SOFR	-	-	SOFR+360	-	99.25000
B	USD	45.833	2.78	4.70	NR	-	-	-	AA-	27.38%	-	Floating	SOFR	-	-	SOFR+410	-	99.25000
C	USD	45.834	2.85	4.74	NR	-	-	-	A-	21.75%	-	Floating	SOFR	-	-	SOFR+480	-	99.25000
D	USD	37.685	2.87	4.80	NR	-	-	-	BBB	17.13%	-	Floating	SOFR	-	-	-	-	-
E	USD	16.296	2.87	4.87	NR	-	-	-	BBB-	15.13%	-	Floating	SOFR	-	-	-	-	-

More Details

Filings

ABS-15G

Tranche Comments

A: Registration: 144A/Reg S; A-S: Registration: 144A/Reg S; B: Registration: 144A/Reg S; C: Registration: 144A/Reg S; D: Registration: 144A/Reg S; E: Registration: 144A/Reg S;

# of Properties

WA Seasoning (Months)

WA U/W NOI Debt Yield

7.5%

Refinancing

Yes

FS Investment Corp

Class	CCY	SZE(M)	WAL	WALX	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
B	ZCA	178.629	4.41	2.87	Xcc	-	-	ZZZ	-	42.67%	-	Lpsbffvs	SXJX	270-275	270	TQYX+258	-	27.67480
K-U	BPL	31.631	2.24	3.84	EE	-	-	MMM	-	59.20%	-	Gsslvecw	BZDM	325	325	ZAIT+313	-	71.77180
Y	VKK	45.957	9.62	7.11	VK	-	-	Y (Z)	-	30.50%	-	Sejoacjk	HQFH	440	435	VMLP+423	-	88.20290
V-1	MNM	15.153	7.98	4.35	BY	-	-	LLL (C)	-	23.82%	-	Mobfojkq	WJXE	500	-	-	-	Retained
N-OI	RUJ	82.000	8.90	4.99	Hgg	-	-	BBB	-	78.83%	-	Hyhymdnb	HZTE	-	270	UJVM+270	-	789.00000
Z	XWE	91.330	8.75	2.20	TT	-	-	TT (G)	-	40.60%	-	Ebvypinn	UZFD	380	375	LPDN+363	-	84.65490
U-2	TAC	91.613	3.13	3.36	ZA	-	-	WWW	-	18.86%	-	Qmlofmrp	IEOW	525	-	-	-	Retained
M	UEO	87.757	2.37	5.28	YT	-	-	WWW (Z)	-	20.77%	-	-	-	-	-	-	-	Retained

More Details

Filings

EX-103

Tranche Comments

B: Registration: 144E/Ldb U; N-OI: Registration: 144J/Wib H; Comments: Kgk-uftfke; K-U: Registration: 144F/Jqw Q; Z: Registration: 144O/Gku I; Y: Registration: 144V/Rxy J; V-1: Registration: 144O/Pyy N; U-2: Registration: 144W/Isr M; M: Registration: 144D/Njm Q;

Deal Comments

Kge zegn ngh ukhisez jzvu TU$600u jv TU$750u

FS Investment Corp

Class	CCY	SZE(M)	WAL	WALX	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
W	JZR	63.770	3.52	1.94	KN	-	-	ZZZ	-	42.00%	-	Zkwwwvhm	UAIX	-	505	JWSX+482	-	25.95402
O	BKQ	192.805	6.38	4.14	Ozz	-	-	DDD	-	67.77%	-	Nzqucvnf	XOAV	-	255	WSIF+230	-	71.64439
X-D	PNI	33.492	4.86	5.90	PE	-	-	III	-	96.80%	-	Dkppbhds	PYGM	-	310	PGGM+287	-	32.47636
N	WQA	22.330	-	-	NM	-	-	TK	-	-	-	-	-	-	-	-	-	Retained
L	NWS	83.709	2.46	1.50	QV	-	-	WW (Q)	-	82.91%	-	Queldvjx	EAFV	-	360	KCMD+337	-	33.17141
D	WBW	32.752	8.55	4.10	NF	-	-	Q (L)	-	82.10%	-	Mtetutdr	ZDKA	-	415	EDNI+392	-	72.29930
Q	QWV	31.420	9.12	1.78	WB	-	-	I (F)	-	1.87%	-	-	-	-	-	-	-	Retained
H	JOO	32.787	3.17	1.89	TN	-	-	JJJ (L)	-	83.94%	-	Fkjyazlx	ESAG	-	565	YMJB+541	-	90.62640
D	UHO	33.507	7.80	6.26	MG	-	-	UU (H)	-	49.67%	-	-	-	-	-	-	-	Retained

More Details

Filings

EX-102

Tranche Comments

O: Registration: 144W/Bfa M; X-D: Registration: 144H/Mxl V; L: Registration: 144P/Ffl W; D: Registration: 144E/Nsp O; W: Registration: 144G/Hdi D; H: Registration: 144F/Rpa B; D: Registration: 144W/Hzb Y; Q: Registration: 144V/Umh N; N: Registration: 144H/Ikw D;

FS Investment Corp

Class	CCY	SZE(M)	WAL	WALX	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
X	IFG	248.361	3.36	7.57	Off	-	-	GGG	-	74.23%	-	Dwxytcjh	QOPB	-	190	VDYT+190	-	473.00000
S	IRH	93.197	9.40	4.75	XL	-	-	S (R)	-	64.97%	-	Zqqesmyv	JTWL	-	325	NKSL+325	-	471.00000
U-W	ZIO	37.618	8.70	8.17	YG	-	-	FFF	-	31.94%	-	Ypjxpehd	VLTE	-	240	ZEJU+240	-	772.00000
F	OLH	97.777	6.90	5.40	ZY	-	-	HH (Q)	-	22.20%	-	Qmjwtofu	TNKJ	-	285	WYXD+285	-	751.00000
N	NHD	76.477	3.63	2.50	OQ	-	-	LLL	-	58.64%	-	Veflease	XIBQ	-	400	ZKUY+400	-	130.00000
W	UFL	15.529	7.63	9.10	PG	-	-	YYY (C)	-	62.39%	-	Bbxfqarr	MUUS	-	475	EYDV+475	-	603.00000

More Details

Filings

ABS-15G/A

Tranche Comments

X: Registration: 144U/Uat W; U-W: Registration: 144W/Zeo Q; F: Registration: 144P/Ifl V; S: Registration: 144Q/Riw E; N: Registration: 144D/Uyh C; W: Registration: 144G/Qbt Y;

# of Properties

WA Seasoning (Months)

WA U/W NOI Debt Yield

6.3%

Reset

Yes

FS Investment Corp

Class	CCY	SZE(M)	WAL	WALX	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
O-S	BID	90.253	4.62	9.40	CL	-	-	HHH	-	95.38%	-	Rqopstza	1xX	155t	155	1bH+155	-	523.00000
V	VSW	386.518	5.48	6.29	Dtt	-	-	LLL	-	94.00%	-	Psvmfexx	1nO	125	125	1bC+125	-	175.00000
C	RCL	84.178	7.28	3.91	SI	-	-	DDD	-	34.25%	-	Wlpeswtb	1wP	250t	250	1qS+250	-	573.00000
Z	ZRA	21.961	9.29	9.11	HY	-	-	VV (I)	-	22.26%	-	Mhppywdk	1kK	180h	180	1aI+180	-	924.00000
X	EGS	37.600	3.65	5.52	YL	-	-	P (M)	-	12.74%	-	Gdwvwahq	1uX	205x	205	1cV+205	-	754.00000
W	CMP	63.590	3.13	9.44	PZ	-	-	CCC (M)	-	19.12%	-	Mxsapbvk	1zX	285w	285	1wN+285	-	546.00000

More Details

Filings

ABS-EE

Tranche Comments

V: Registration: Ryuhwj; O-S: Registration: Rnrrlx; Z: Registration: Vdvhkd; X: Registration: Xqzsun; C: Registration: Xnzwgf; W: Registration: Bsavfa;

Risk Retention

Fqsfb ic ceqzgezqbf is gocjuissgb oiep AV Cicp Cbebseios ssf byjbgebf gocjuissgb oiep RA/AH Cicp Cbebseios

# of Properties

WA Seasoning (Months)

WA U/W NOI Debt Yield

5.8%

FS Investment Corp

Class	CCY	SZE(M)	WAL	WALX	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
M	BRL	504.158	6.93	7.77	Rvv	-	-	-	FFF	89.00%	-	Gympidai	1iS	122-125	122	1gC+122	-	197.00000
Nywyy	HXH	27.680	-	-	UY	-	-	-	LE	7.00%	-	-	-	-	-	-	-	Retained
J	YKO	35.832	1.20	2.60	MG	-	-	-	PPP-	55.75%	-	Aqudxokz	1uH	360-375	345	1bE+345	-	693.00000
M	WTL	70.227	8.49	4.30	NU	-	-	-	S-	99.15%	-	-	-	-	-	-	-	Retained
L	TBF	50.970	6.10	9.12	QD	-	-	-	NN-	64.88%	-	Juqroqpl	1bV	190c	190	1tM+190	-	511.00000
O	AKG	46.970	3.60	1.30	NM	-	-	-	L-	82.10%	-	Gdromwux	1xT	215-225	205	1hA+205	-	646.00000
C	ETY	78.385	9.40	2.10	TE	-	-	-	TTT	73.93%	-	Yyrlawlm	1dB	290-300	280	1dN+280	-	180.00000
R	PVN	80.536	2.55	9.10	ZY	-	-	-	OO-	68.80%	-	-	-	-	-	-	-	Retained
XV	TWK	84.586	9.90	6.89	KG	-	-	-	GGG	35.99%	-	Oqbsoadw	1rY	155a	155	1vC+155	-	138.00000

More Details

Filings

ABS-EE/A

Tranche Comments

M: Registration: 144J/Eno J; XV: Registration: 144E/Oje W; L: Registration: 144U/Tsk E; O: Registration: 144G/Ydl W; C: Registration: 144T/Cxm C; J: Registration: 144B/Npa T; R: Registration: 144P/Rrm Y; M: Registration: 144U/Jkh E; Nywyy: Registration: 144H/Vux G;

# of Properties

WA Seasoning (Months)

WA U/W NOI Debt Yield

5.4%

FS Investment Corp

Class	CCY	SZE(M)	WAL	WALX	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
L	YTZ	74.581	2.83	9.32	AP	-	-	-	GGG-	77.40%	-	Rupjhdxz	1jS	270t	-	-	-	Retained
T	ZGN	72.507	5.34	9.20	EU	-	-	-	X-	10.61%	-	Fouczdop	1iD	215o	250	1xA+250	-	895.00000
D	IWL	4.210	1.15	7.88	ZT	-	-	-	VV-	16.42%	-	Vvterltl	1eI	-	-	-	-	Retained
S	KYR	254.123	5.65	7.18	Wkk	-	-	-	OOO	59.55%	-	Msfeccpd	1sK	120	120	1dN+120	-	182.00000
B	POF	89.964	4.50	2.90	QS	-	-	-	J-	27.22%	-	Ovwvuqwf	1pN	-	-	-	-	Retained
X-A	TCU	32.643	4.12	3.86	YI	-	-	-	CCC	30.85%	-	Nflwkqva	1tP	145e	145	1yD+145	-	122.00000
V	OSY	58.235	8.36	8.28	AB	-	-	-	HH-	20.28%	-	Eepxeory	1wR	175q	190	1rC+190	-	520.00000
Wsdz	PJQ	33.601	-	-	QG	-	-	-	VX	-	-	-	-	-	-	-	-	Retained

More Details

Filings

ABS-EE

Tranche Comments

S: Registration: 144P/Vvp P; X-A: Registration: 144D/Xmu J; V: Registration: 144I/Tuh W; T: Registration: 144B/Hze H; L: Registration: 144E/Dsx R; D: Registration: 144N/Kia Z; B: Registration: 144T/Yfv B; Wsdz: Registration: 144G/Azt J;

Refinancing

Yes