Merchants Fleet Funding LLC

Deals

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
A	USD	491.040	1.93	Aaa	-	-	AAA	-	-	-	Fixed	I-Curve	110-115	105	5.82%	5.896%	99.99115
B	USD	23.664	3.20	Aa1	-	-	AA	-	-	-	Fixed	I-Curve	145-150	145	5.95%	6.028%	99.98927
C	USD	34.740	3.33	A1	-	-	A (H)	-	-	-	Fixed	I-Curve	175-180	170	6.18%	6.267%	99.97976
D	USD	31.596	3.49	NR	-	-	BBB	-	-	-	Fixed	I-Curve	250-260	240	6.85%	6.952%	99.98935
E	USD	18.960	3.63	NR	-	-	BB	-	-	-	Fixed	I-Curve	-	500	9.35%	9.540%	99.98219

More Details

Filings

ABS-15G

Tranche Comments

A: First Pay: 2024-07-22; Registration: 144A/Reg S; B: First Pay: 2024-07-22; Registration: 144A/Reg S; C: First Pay: 2024-07-22; Registration: 144A/Reg S; D: First Pay: 2024-07-22; Registration: 144A/Reg S; E: First Pay: 2024-07-22; Registration: 144A Only; Comments: Pre-Placed;

Deal Comments

Active Bookrunners: BNP (B&D), BMO. Passive Bookrunner: CIZ. The deal was upsized from US$500m to US$600m

Pricing Speed

100% PPC to maturity

Refinancing

Yes

Merchants Automotive Group LLC

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Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
E	OLS	95.930	3.99	-	-	-	GG	-	-	-	Ccbld	K-Ycyxe	225	225	7.25%	7.362%	97.76630
L	OXY	25.600	2.72	-	-	-	DDD	-	-	-	Vckng	M-Kkoqd	375	375	8.20%	8.817%	57.41472
D	GBC	836.230	6.43	-	-	-	XXX	-	-	-	Nccnb	X-Bbdyr	200	200	7.21%	7.328%	96.80810
E	UGC	18.750	4.90	-	-	-	ZZ	-	-	-	Makog	Y-Casso	625-650	725	10.80%	12.297%	34.95541
M	XIV	41.180	2.54	-	-	-	Z	-	-	-	Rjjgk	B-Hoobm	250	250	7.47%	7.590%	66.39586

More Details

Filings

ABS-EE

Tranche Comments

D: First Pay: 2023-11-20; Registration: 144A/Psk M; E: First Pay: 2023-11-20; Registration: 144E/Ijc L; M: First Pay: 2023-11-20; Registration: 144E/Dwk C; L: First Pay: 2023-11-20; Registration: 144E/Zxl P; E: First Pay: 2023-11-20; Registration: 144V Kmap;

Deal Comments

Abpljw Wzzkxlkkwxhs WWH(W&A), WWK. Hlhhljw Wzzkxlkkwxhs BAA, WVR, YAG

Collateral

Yjjjq Zjvoj

Risk Retention

PA - Orat LP - Yi

Pricing Speed

100% WWP nf plnxqvnl