Blue Stream Issuer LLC

Deals

ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
A-2USD201.6005.04--A-A--FixedI-Curve160-1701355.41%5.469%100.00000
BUSD21.1005.04--BBB--BBB--FixedI-Curve230-2402006.04%6.119%100.00000
CUSD39.3005.04--BB--BB---FixedI-Curve515-5254758.71%8.869%100.00000
Filings
Tranche Comments
A-2: First Pay: 2024-12-20; Registration: 144A/Reg S; B: First Pay: 2024-12-20; Registration: 144A/Reg S; C: First Pay: 2024-12-20; Registration: 144A Only;
Collateral
254 fiber networks, inclusive of 9 COAX properties, generating Annualized Run Rate Revenue (“ARRR”) and Annualized Run Rate Net Operating Income (“ARRNOI”) of $117.4 million and $66.8 million, respectively. Revenues are primarily driven by long-term, fixed rate, escalating bulk service contracts with homeowners’ associations (“HOA”), condominium owners’ associations (“COA”)
Guarantor(s)
Blue Stream Guarantor LLC
Use of Proceeds
Repay debt and general corporate purposes
ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
UIZG341.9005.90--JJ--RR---YpwqyYYR11.00%-8.90%11.000%35.98942
I-2VBK916.2003.60--D-W---AopkkA-Nwfvh260-2752455.40%5.883%67.27615
NMCT50.1006.90--NNN--TTT---KkptoL-Lpdzp435-4504206.90%7.633%75.36505
Filings
Tranche Comments
I-2: First Pay: 2023-06-20; Registration: 144I/Kop M; N: First Pay: 2023-06-20; Registration: 144I/Dxl G; U: First Pay: 2023-06-20; Registration: 144H/Inb E;
Refinancing
Yes

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