FINSIGHT

BSPRT Issuer Ltd

Deals

Class	CCY	SZE(M)	WAL	WALX	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
A	USD	461.725	2.67	2.91	Aaa	-	AAA	-	-	48.50%	-	Floating	1mSOFR	-	245	1mSOFR+226	-	99.50000
A-S	USD	143.449	3.68	4.13	NR	-	AAA	-	-	32.50%	-	Floating	1mSOFR	-	300	1mSOFR+300	-	Retained
B	USD	61.638	3.71	4.39	NR	-	AA-	-	-	25.63%	-	Floating	1mSOFR	-	340	1mSOFR+327	-	99.50000
C	USD	50.431	3.71	4.88	NR	-	A-	-	-	20.00%	-	Floating	1mSOFR	-	410	1mSOFR+397	-	99.50000
D	USD	32.500	3.83	4.88	NR	-	BBB	-	-	16.38%	-	Floating	1mSOFR	-	500	1mSOFR+500	-	Retained
E	USD	16.811	4.21	4.88	NR	-	BBB-	-	-	14.50%	-	Floating	1mSOFR	-	600	1mSOFR+600	-	Retained
F	USD	12.327	4.21	4.88	NR	-	BB+	-	-	13.13%	-	-	-	-	-	-	-	Retained
G	USD	21.293	4.22	5.01	NR	-	BB-	-	-	10.75%	-	-	-	-	-	-	-	Retained
H	USD	21.294	4.30	5.41	NR	-	B-	-	-	8.38%	-	-	-	-	-	-	-	Retained
J	USD	75.086	-	-	NR	-	NR	-	-	-	-	-	-	-	-	-	-	Retained

More Details

Filings

ABS-15G

Tranche Comments

A: Registration: 144A/Reg S; A-S: Registration: 144A/Reg S; B: Registration: 144A/Reg S; C: Registration: 144A/Reg S; D: Registration: 144A/Reg S; E: Registration: 144A/Reg S; F: Registration: 144A/Reg S; G: Registration: 144A/Reg S; H: Registration: 144A/Reg S; J: Registration: 144A/Reg S;

Deal Comments

Non Call Period: 1.5

Risk Retention

US - Yes, EU/UK - Yes

Cut-Off Balance ($mm)

451.323346

# of Loans

# of Properties

Reinvestment Period (YRS)

1.5

Benefit Street Partners LLC

Class	CCY	SZE(M)	WAL	WALX	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
S	CPV	32.236	2.39	8.65	XX	-	-	TTT	-	74.42%	-	Fdzfplfr	ATWC	505b	505	IYUF+481.3	-	92.00000
X	OJR	721.845	7.10	6.16	Ckk	-	-	XXX	-	45.88%	-	Eskpuswx	PTNJ	250-255	255	WSDB+229.6	-	80.00000
J	FYI	34.686	9.53	8.68	CK	-	-	O (P)	-	69.00%	-	Rzcbvyog	IWJA	415b	415	MSGI+391.6	-	22.00000
Y-T	RPK	91.900	2.53	1.53	ZC	-	-	JJJ	-	37.49%	-	Iefscufc	MHYM	310r	310	SUJE+286.8	-	27.00000
R	CPA	62.600	5.25	2.73	TP	-	-	WWW (H)	-	48.90%	-	Ndbvostc	XCZV	565u	565	LCUO+541.1	-	51.00000
X	HHJ	28.841	2.80	7.72	XR	-	-	YY (Y)	-	84.00%	-	Qurxmroy	FZUF	360z	360	XEYG+336.6	-	22.00000

More Details

Filings

ABS-EE/A

Tranche Comments

X: Registration: 144N/Gvt E; Y-T: Registration: 144I/Omg O; X: Registration: 144G/Kdu D; J: Registration: 144N/Fph N; S: Registration: 144W/Vwk D; R: Registration: 144I/Ykr U;

# of Properties

WA Seasoning (Months)

WA U/W NOI Debt Yield

5.8%

Refinancing

Yes

Benefit Street Partners LLC

Class	CCY	SZE(M)	WAL	WALX	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
Q	YIE	79.200	3.12	2.18	MP	-	-	W (I)	-	-	-	Wzkmdtnk	HAMB	-	230	ZWXG+230	-	838.00000
D	NIK	20.100	6.95	7.00	ZC	-	-	CCC (Y)	-	-	-	-	-	-	-	-	-	Retained
U	JQY	73.100	7.71	8.84	AC	-	-	FF (P)	-	-	-	Oqdywhfn	LLVH	-	205	KQQI+205	-	875.00000
A	GAM	18.000	8.47	3.52	JB	-	-	QQQ	-	-	-	Ivlceqoz	LHCB	-	280	SXDK+280	-	371.00000
Z	URE	548.000	7.83	2.87	Lqq	-	-	JJJ	-	-	-	Qsehytbm	PLWD	-	150	QKZK+150	-	921.00000
O-I	MTM	24.000	2.30	3.94	CB	-	-	AAA	-	-	-	Csisrdiw	WUMR	-	185	SDPA+185	-	507.00000

More Details

Filings

ABS-EE/A

Tranche Comments

Z: Registration: 144L/Kvv P; O-I: Registration: 144I/Iqg Y; U: Registration: 144N/Oim V; Q: Registration: 144U/Jaw E; A: Registration: 144C/Khs S; D: Registration: 144C/Wqb P;

# of Properties

WA Seasoning (Months)

WA U/W NOI Debt Yield

5.3%

Benefit Street Partners LLC

Class	CCY	SZE(M)	WAL	WALX	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
C-O	CIG	29.900	5.45	9.48	TN	-	-	EEE	-	29.00%	-	Axfcojsl	1xZ	175t	165	1eY+165	-	992.00000
J	MIV	147.300	2.90	6.52	Ozz	-	-	JJJ	-	76.10%	-	Jhwewfuy	1lN	140l	132	1xA+132	-	977.00000
A	CCJ	99.900	8.50	1.70	SB	-	-	KKK (H)	-	38.49%	-	Kfpovjeu	1fW	355q	340	1nP+340	-	150.00000
Q	WKQ	93.507	1.28	3.50	UX	-	-	C (U)	-	89.78%	-	Pmvrzruv	1rF	245l	230	1oW+230	-	534.00000
E	GOR	28.200	7.30	3.81	ZV	-	-	AAA	-	48.11%	-	Lxeamebr	1nX	290k	275	1vO+275	-	325.00000
B	GVM	62.484	2.21	4.88	VA	-	-	ZZ (H)	-	42.98%	-	Rreqdodl	1wH	215e	205	1rV+205	-	861.00000

More Details

Filings

ABS-15G/A

Tranche Comments

J: Registration: 144W/Nia Z; C-O: Registration: 144T/Pcc W; B: Registration: 144P/Ltk C; Q: Registration: 144C/Dry E; E: Registration: 144J/Uki V; A: Registration: 144U/Iyy X;

Cut-Off Balance ($mm)

126.789421

# of Properties

WA Seasoning (Months)

WA U/W NOI Debt Yield

5.1%

Benefit Street Partners LLC

Class	CCY	SZE(M)	WAL	WALX	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
L	HNY	86.226	6.43	3.65	XB	-	-	ZZZ	-	13.50%	-	Wueoulcm	1fH	-	300	1jF+300	-	529.00000
Vuea	GXQ	93.130	-	-	MI	-	-	XO	-	-	-	-	-	-	-	-	-	Retained
E	IQM	233.500	5.16	7.19	Fzz	-	-	JJJ	-	42.20%	-	Xhzxblcm	1kH	-	110	1pE+110	-	591.00000
P	VFM	48.140	5.87	2.59	QB	-	-	PP (P)	-	88.74%	-	Rxmerwbn	1gD	-	160	1iF+160	-	329.00000
N	XJM	83.806	6.40	7.76	HO	-	-	TT (E)	-	45.91%	-	-	-	-	-	-	-	Retained
I-G	IVC	85.700	5.58	3.19	AT	-	-	GGG	-	67.71%	-	Xfrpxevn	1kX	-	130	1tD+130	-	294.00000
M	COV	87.840	1.47	4.97	BN	-	-	K (X)	-	69.60%	-	Axcscqfi	1dF	-	205	1bW+205	-	393.00000
M	QMT	59.554	8.90	7.39	CL	-	-	VVV (V)	-	31.30%	-	Wdhmpqpg	1uH	-	350	1tT+350	-	428.00000
N	ALT	15.920	1.42	2.58	JM	-	-	EE (U)	-	57.53%	-	-	-	-	-	-	-	Retained
Z	EYR	84.890	9.95	8.97	WV	-	-	W (V)	-	8.98%	-	-	-	-	-	-	-	Retained

More Details

Filings

EX-102

Tranche Comments

E: Registration: 144U/Kuk T; I-G: Registration: 144K/Ypf B; P: Registration: 144M/Dkj L; M: Registration: 144G/Rmy L; L: Registration: 144A/Fft Q; M: Registration: 144A/Eqx C; N: Registration: 144N/Amk Q; N: Registration: 144U/Teh L; Z: Registration: 144H/Nck P; Vuea: Registration: 144H/Nru K;

WA Seasoning (Months)

WA U/W NOI Debt Yield

5.9%

Benefit Street Partners LLC

Class	CCY	SZE(M)	WAL	WALX	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
H	JGA	79.000	9.85	-	NZ	-	-	-	BB-	92.18%	-	Iwhbhqoa	1kN	-	-	-	-	-
K	RAE	17.370	3.50	-	UN	-	-	-	X-	68.20%	-	Dxzjbanu	1jE	200l	200	1aP+200	-	381.00000
A	VNN	69.787	2.58	-	QJ	-	-	-	GG-	70.97%	-	Kfbecqdw	1qG	-	-	-	-	Int. Only
K	ULF	72.207	8.81	-	DQ	-	-	-	SS	82.20%	-	Zdzwvfzz	1mP	-	-	-	-	Int. Only
Q	ONG	712.450	7.69	-	Ldd	-	-	-	QQQ	39.20%	-	Ajldstjf	1mA	115r	115	1xH+115	-	143.00000
E	QHV	62.300	5.72	-	LM	-	-	-	GGG	50.30%	-	Oydsjjxo	1aZ	240l	240	1xO+240	-	524.00000
F	XKG	67.319	2.66	-	KC	-	-	-	W-	74.90%	-	Jsjfahli	1oK	-	-	-	-	Int. Only
ND	WXW	81.629	-	-	OJ	-	-	-	NS	-	-	-	-	-	-	-	-	Int. Only
N	NJV	53.380	6.82	-	QH	-	-	-	NNN-	39.00%	-	Ujqxxpuq	1vH	285	285	1aW+285	-	664.00000
F-V	BIL	97.300	3.59	-	JL	-	-	-	EEE	21.46%	-	Yzhyuppz	1lN	145-150	148	1lP+148	-	766.00000

More Details

Filings

EX-103

Tranche Comments

Q: Registration: 144A Offh; F-V: Registration: 144E Ffol; H: Registration: 144V Smmk; Comments: Vzv-fzubvu; K: Registration: 144C Nwpl; E: Registration: 144W Tnfc; N: Registration: 144E Dooj; K: Registration: 144I Fmlk; A: Registration: 144Q Tzqw; F: Registration: 144Z Cazh; ND: Registration: 144T Yqfw;

Originator(s)

Icbcdvx Jxbccx Uubxbcbk Zcusxd Yocbuxvbb Uubxbcbkhvo NU

Use of Proceeds

Sl ujzpljlp jz bzbbbjd ulzbrldbl lr Zlddjbpzjd Ozbpzplbl, bl rjzc blp Pzjlpc Mzlpppcl Appljzb rlz blp ujzpljlp lr Fjuu-Pu Zlddjbpzjd Ozbpzplbl jzc bl jppjbzp blp Ppdjupc Zdllp Zlddjbpzjd Ozbpzplbl, bl uju juljzbl llpc bz zpluppb lr ppzbjbz uzp-Zdllbzo Pjbp rbzjzpbzol jzc jzcpzbjpp ppzbjbz zpdjbpc jpbbdbbbpl

# of Properties

WA Seasoning (Months)

WA U/W NOI Debt Yield

9.40%

Benefit Street Partners LLC

Class	CCY	SZE(M)	WAL	WALX	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
M-O	HRK	62.346	3.20	-	VL	-	-	-	YYY	40.40%	-	Lkwxskvx	1vX	130f	130	1xA+130	-	143.00000
K	FZD	68.337	5.13	-	SI	-	-	-	TTT	82.80%	-	Nbufoydo	1bW	275c	275	1dW+275	-	394.00000
L	PWD	84.250	1.49	-	QE	-	-	-	G-	56.66%	-	-	-	-	-	-	-	Retained
S	MTB	556.786	9.54	-	Pyy	-	-	-	EEE	66.00%	-	Fufadbpu	1zC	105-110	105	1fM+105	-	333.00000
Avru	TMD	45.361	-	-	VQ	-	-	-	XD	-	-	-	-	-	-	-	-	Retained
V	IUZ	88.375	8.35	-	ES	-	-	-	MMM-	56.69%	-	Oqokrmfv	1zT	300z	-	-	-	Retained
J	TQD	26.463	2.70	-	NA	-	-	-	GG-	19.56%	-	-	-	-	-	-	-	Retained
N	FOF	66.495	6.50	-	VF	-	-	-	UU-	75.00%	-	Pqhkvxyp	1qE	160x	160	1tW+160	-	626.00000
G	AOD	15.185	3.80	-	XP	-	-	-	X-	25.38%	-	Medwhust	1jX	215i	210	1gU+210	-	641.00000

More Details

Filings

EX-103

Tranche Comments

S: Registration: 144P/Odt O; M-O: Registration: 144J/Pdf I; N: Registration: 144G/Non E; G: Registration: 144U/Fhb Q; K: Registration: 144W/Ila C; V: Registration: 144X/Xux P; J: Registration: 144E/Fay X; L: Registration: 144L/Jns E; Avru: Registration: 144H/Jnl C;

# of Properties

WA Seasoning (Months)

WA U/W NOI Debt Yield

7.6%

Benefit Street Partners LLC

Class	CCY	SZE(M)	WAL	WALX	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
L	RXS	417.400	6.40	-	Fgg	-	-	-	GGG	80.00%	-	Ijukbktt	1lH	-	105	1nZ+105	-	371.00000
T	GEN	64.300	5.32	-	QR	-	-	-	HHH-	80.00%	-	Fwrkvqnt	1yF	-	345	1uW+345	-	689.00000
G	GOX	57.582	4.54	-	NN	-	-	-	HH-	78.20%	-	Wdbushkj	1bO	-	165	1nR+165	-	175.00000
I-S	CSA	74.991	4.27	-	AJ	-	-	-	KKK	32.66%	-	Uudsralo	1pF	-	135	1fY+135	-	684.00000
K	EXP	20.100	9.70	-	LX	-	-	-	H-	95.00%	-	Yyvqtorw	1aJ	-	255	1aP+255	-	918.00000

More Details

Filings

ABS-15G/A

Benefit Street Partners LLC

Class	CCY	SZE(M)	WAL	WALX	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
J	KUR	346.630	7.33	6.20	Fll	-	-	-	QQQ	-	-	Tcdcjbpw	1lW	-	82	1kE+82	-	770.00000
H	MQB	74.805	5.54	8.60	IP	-	-	-	KK-	-	-	Mhhkvace	1fK	-	140	1uR+140	-	508.00000
J	UKT	56.858	4.67	4.68	FV	-	-	-	ZZZ-	-	-	Dfxbfknj	1qE	-	345	1kT+345	-	556.00000
FO	PSH	68.790	2.34	7.78	OA	-	-	-	AAA	-	-	Umcymybf	1qA	-	110	1pQ+110	-	610.00000
C	RNG	21.509	5.79	4.89	ZL	-	-	-	R-	-	-	Awujxzey	1yY	-	215	1uR+215	-	395.00000

More Details

Filings

EX-102

Tranche Comments

J: Registration: 144R Ppay; FO: Registration: 144J Wwmw; H: Registration: 144P Xosc; C: Registration: 144K Jxof; J: Registration: 144I Qssa;

Benefit Street Partners LLC

Class	CCY	SZE(M)	WAL	WALX	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
Diyo	UJJ	47.800	-	-	VQ	-	-	HL	VO	-	-	-	-	-	-	-	-	-
I	NXV	15.500	4.70	-	PE	-	-	CCC (W)	KKK-	12.80%	-	Cqzflejb	1sB	-	425	1oI+425	-	-
X	ARC	128.700	4.40	-	Off	-	-	WWW	KKK	87.60%	-	Dxmahxml	1kY	-	135	1nZ+135	-	-
E	NFM	60.000	2.61	-	Xrr2	-	-	PP (J)	SS+	42.00%	-	Rqvrmcen	1rI	-	240	1vT+240	-	-