Haus (European Loan Conduit) DAC

Deals

Class	CCY	SZE(M)	WAL	WALX	MO	SP	FI	DR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
A1	EUR	194.200	5.00	8.50	Aaa	-	-	AAA	-	-	Floating	3mEu	70-75	65	3mEu+65	-	100.00000
A2	EUR	19.100	5.00	12.00	Aa2	-	-	AAA	-	-	Floating	3mEu	90-100	85	3mEu+85	-	100.00000
B	EUR	24.600	5.00	12.70	Aa3	-	-	AA (L)	-	-	Floating	3mEu	120-130	110	3mEu+110	-	100.00000
C	EUR	29.900	5.00	13.60	A2	-	-	A (L)	-	-	Floating	3mEu	150-160	140	3mEu+140	-	100.00000
D	EUR	47.600	5.00	14.80	Baa2	-	-	BBB (L)	-	-	Floating	3mEu	215-225	200	3mEu+200	-	100.00000
X	EUR	0.100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	Retained

More Details

Filings

ABS-15G

Tranche Comments

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)