| Class | CCY | SZE(M) | WAL | WALX | MO | SP | FI | DR | KR | C/E | LTV | TYPE | BNCH | GDNC | SPRD | CPN | YLD | PRICE |
|---|
| A | USD | 226.000 | 1.97 | 4.97 | Aaa | - | - | - | - | 63.25% | - | Floating | SOFR | 90a | 90 | SOFR+81 | - | 99.57953 |
| B | USD | 43.900 | 1.97 | 4.97 | Aa3 | - | - | - | - | 56.11% | - | Floating | SOFR | 120a | 120 | SOFR+111 | - | 99.57979 |
| C | USD | 38.200 | 1.97 | 4.97 | A3 | - | - | - | - | 49.90% | - | Floating | SOFR | 135a | 135 | SOFR+126 | - | 99.57992 |
| D | USD | 44.000 | 1.97 | 4.97 | Baa3 | - | - | - | - | 42.74% | - | Floating | SOFR | 170a | 170 | SOFR+161 | - | 99.57976 |
| E | USD | 71.200 | 1.97 | 4.97 | Ba3 | - | - | - | - | 31.17% | - | Floating | SOFR | 270a | 270 | SOFR+261 | - | 99.57936 |
| F | USD | 89.500 | 1.97 | 4.97 | B3 | - | - | - | - | 16.61% | - | Floating | SOFR | 325a | 335 | SOFR+326 | - | 99.57964 |
| G | USD | 71.450 | 1.97 | 4.97 | NR | - | - | - | - | 5.00% | - | Floating | SOFR | 405a | 405 | SOFR+396 | - | 99.57913 |
| HRR | USD | 30.750 | 1.97 | 4.97 | NR | - | - | - | - | - | - | Floating | SOFR | 520a | 520 | SOFR+515 | - | 99.77753 |
Tranche Comments
A: Registration: 144A/Reg S;
B: Registration: 144A/Reg S;
C: Registration: 144A/Reg S;
D: Registration: 144A/Reg S;
E: Registration: 144A/Reg S;
F: Registration: 144A/Reg S;
G: Registration: 144A/Reg S; Comments: Pre-Placed;
HRR: Registration: 144A/Reg S; Comments: Pre-Placed;
Deal Comments
Sponsor is a joint venture between Centerbridge Partners LP and Merit Hill Capital
Collateral
83 self-storage assets located across 22 states and 47 markets
Use of Proceeds
Refinancing
WA U/W NOI Debt Yield
6.9%
| Class | CCY | SZE(M) | WAL | WALX | MO | SP | FI | DR | KR | C/E | LTV | TYPE | BNCH | GDNC | SPRD | CPN | YLD | PRICE |
|---|
| N | IXM | 12.520 | 3.21 | 7.66 | - | OA | - | - | L- | 77.50% | - | Wfmsqjco | 1oR | - | 275 | 1fH+275 | - | 754.00000 |
| Q | ERR | 28.700 | 3.12 | 8.60 | - | LE | - | - | IH | 7.00% | - | Apbupkea | 1yF | - | 395 | 1cA+395 | - | 158.00000 |
| R | QJC | 98.700 | 1.83 | 5.30 | - | FFF- | - | - | B+ | 93.33% | - | Kpskyezg | 1vN | 135 | 135 | 1nQ+135 | - | 268.00000 |
| G | ETA | 298.430 | 1.94 | 9.43 | - | III | - | - | VVV | 30.74% | - | Cvvvzkwc | 1aO | 70 | 70 | 1bP+70 | - | 736.00000 |
| A | RSG | 58.670 | 3.52 | 9.54 | - | YY- | - | - | FFF | 25.56% | - | Mrkflbvk | 1yP | 90 | 90 | 1gA+90 | - | 598.00000 |
| S | OYD | 20.540 | 2.33 | 2.65 | - | P- | - | - | YY+ | 63.47% | - | Mloothvy | 1eQ | 105 | 105 | 1yX+105 | - | 870.00000 |
| B | OPP | 51.500 | 4.39 | 6.72 | - | EG | - | - | SSS- | 49.90% | - | Cpvbwfhn | 1fN | 175 | 175 | 1nS+175 | - | 988.00000 |
| W-MM | YJH | 37.840 | 6.23 | 4.33 | - | YW | - | - | VY | 2.00% | - | Ghqwlbni | 1qO | - | 530 | 1jN+530 | - | 449.00000 |
| B | XNU | 12.710 | 2.89 | 9.94 | - | WC | - | - | EE- | 22.99% | - | Tjxovfda | 1bA | 220 | 220 | 1dA+220 | - | 415.00000 |
Tranche Comments
G: Registration: 144C/Bso X;
A: Registration: 144Y/Vpz B;
S: Registration: 144B/Kol I;
R: Registration: 144O/Mxz S;
B: Registration: 144N/Ikb X;
B: Registration: 144W/Hsy Q;
N: Registration: 144P/Phv I;
Q: Registration: 144G/Vxh A;
W-MM: Registration: 144V/Byd S;
Deal Comments
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Collateral
57 tzqarzqdj ybdz-ymjzrmb tzjtbzmqby djyrmbk ryzjyy 13 ymrmby tqmd rn rmmzbmrmb XWJ jz rttzjaqarmbdj 4.0 aqddqjn NZ ryzjyy 28,333 inqmy
Use of Proceeds
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WA U/W NOI Debt Yield
7.0%