A: First Pay: 2020-07-28; Redemption: 2023-04-28; Registration: Reg S Only;
B: First Pay: 2020-07-28; Redemption: 2023-04-28; Registration: Reg S Only;
C: First Pay: 2020-07-28; Redemption: 2023-04-28; Registration: Reg S Only;
D: First Pay: 2020-07-28; Redemption: 2023-04-28; Registration: Reg S Only;
Z: First Pay: 2020-07-28; Redemption: 2023-04-28; Registration: Reg S Only; Comments: Pre-placed;
R: First Pay: 2020-07-28; Redemption: 2023-04-28; Registration: Reg S Only; Comments: Pre-placed;
Deal Comments
On the Closing Date, 5% of each of the Rated Notes, the Class Z Notes and the Class R Notes will be held by Barclays for risk retention purposes. A minority of the Class A notes will be placed with a third-party investor and its affiliates. This investor will also subscribe for 95% of the Class B, C, D, Z and R Notes. Based on a [2.25]% CPR and call option exercised in full on the Step-up and Call Date. Coupons floored at 0%.