A-1: First Pay: 2022-10-30; Registration: 144A/Reg S;
A-2: First Pay: 2022-10-30; Registration: 144A/Reg S;
Deal Comments
The deal was upsized from US$385m to US$420m
Collateral
Consists of substantially all future and existing assets of the securitization entities, including existing and future franchise agreements and associated royalties and fees, intellectual property (including, in particular, the FLEX Framework and other Curriculum Core), transaction accounts, and pledge of equity interests in Issuer and its subsidiaries