A1: First Pay: 2021-11-01; Registration: 144A/Reg S;
A2: First Pay: 2021-11-01; Registration: 144A/Reg S;
B: First Pay: 2021-11-01; Registration: 144A/Reg S;
C: First Pay: 2021-11-01; Registration: 144A/Reg S; Comments: Call Desk;
D: First Pay: 2021-11-01; Registration: 144A/Reg S; Comments: Call Desk;
X: First Pay: 2021-11-01; Registration: 144A/Reg S;
Deal Comments
EUR315.5m CMBS RegS/144A. MS. ELOC 39 is the securitisation of a single senior loan advanced by Morgan Stanley to finance the acquisition of a German multi-family residential portfolio by affiliates of Brookfield.
Originator(s)
Morgan Stanley
Risk Retention
Morgan Stanley Bank NA will retain on an ongoing basis a material net economic interest of at least 5% of the total nominal value of each of the tranches sold or transferred to investors through the VRR Loan in order to satisfy EU, UK and US Risk Retention rules (see Preliminary Offering Circular for further details)