BDS Ltd

Deals

ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
AUSD376.6942.733.82Aaa-AAA--41.00%-FloatingSOFR170-175165SOFR+165-99.75000
A-SUSD60.6542.984.74NR-AAA--31.50%-FloatingSOFR205-210205SOFR+205-99.75000
BUSD44.6932.984.91NR-AA---24.50%-FloatingSOFR235a230SOFR+230-99.75000
CUSD35.9142.984.98NR-A---18.88%-FloatingSOFR275a265SOFR+265-99.75000
DUSD21.5482.984.98NR-BBB--15.50%-FloatingSOFR-375SOFR+375-99.75000
EUSD10.3753.654.98NR-BBB---13.88%-FloatingSOFR-450SOFR+450-99.75000
Tranche Comments
A: Registration: 144A/Reg S; Comments: Reg D; A-S: Registration: 144A/Reg S; Comments: Reg D; B: Registration: 144A/Reg S; Comments: Reg D; C: Registration: 144A/Reg S; Comments: Reg D; D: Registration: 144A/Reg S; Comments: Reg D; Pre-placed; E: Registration: 144A/Reg S; Comments: Reg D; Pre-placed;
Risk Retention
US - Horizontal
Cut-Off Balance ($mm)
787.28110
# of Loans
26
# of Properties
31
WA Seasoning (Months)
2
WA U/W NOI Debt Yield
6.1%
Reset
Yes
ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
WMIJ37.2257.224.37GB--FF (X)-49.66%-QbmdhvlwNVJY--YVSW+290-50.29000
YLMD84.8309.611.93WS--KKK-23.28%-DqfkybfsAAMV--CANS+390-21.46970
XEGR63.7627.238.95QD--HHH (W)-55.83%-MrfztajaNGQL--NQJH+440-30.98450
IIJB44.9643.991.81DU--C (M)-6.84%-OzckkvqzAXLQ----Retained
Sshvaj RvvjNXY96.666--CX--YL---------Retained
RFHE72.9378.757.13ZW--U (N)-34.10%-QpzoqtjdEVWQ--TSPK+340-68.50000
ELUJ499.2916.779.16Gpp--UUU-90.00%-ReuxmcqyHQIY--XQEZ+220-82.58550
PHYU32.8311.124.29CW--VV (B)-52.00%-PikbowitQBYS----Retained
Filings
Tranche Comments
E: Registration: 144L/Tky Q; W: Registration: 144P/Nos P; R: Registration: 144T/Kpg Y; Y: Registration: 144X/Oef I; X: Registration: 144D/Lmo G; P: Registration: 144B/Vjd Z; I: Registration: 144Y/Uvr A; Sshvaj Rvvj: Registration: 144H/Qzr V;
Risk Retention
IU - Seyq YI/IN - Sey
Cut-Off Balance ($mm)
594.29696
# of Properties
89
WA Seasoning (Months)
3
WA U/W NOI Debt Yield
4.90%
ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
GIAZ86.6182.714.48CB--GG (N)-27.87%-EdsqpdxbHABJ-235EADD+235-505.00000
N-WBLNP84.0003.204.98Fqq--MMM-45.00%-IxbjcvzrPJXJ-180GIPT+180-647.00000
TOED44.4103.747.59PJ--I (R)-71.35%-------Retained
N-VQYTZ775.5978.808.40Goo--III-52.00%-VzvccsnfEDMK-180ZOEN+180-598.00000
BAMT2.2296.926.70WH--WWW (W)-78.60%-------Retained
HLJL59.9508.327.14NR--V (E)-5.30%-------Retained
MFIN97.458--HT--ZP-6.00%-------Retained
GAVL68.6722.601.85KR--GGG-10.36%-------Retained
ZCPA16.8101.768.26KT--JJ (A)-11.86%-------Retained
Tranche Comments
N-VQ: Registration: 144W/Zwa X; N-WB: Registration: 144Q/Dpd S; G: Registration: 144U/Dpe R; T: Registration: 144K/Ydh Y; G: Registration: 144T/Kws V; B: Registration: 144F/Ozo S; Z: Registration: 144I/Viv Z; H: Registration: 144H/Vri W; M: Registration: 144U/Xfa Y;
# of Properties
33
WA Seasoning (Months)
4
WA U/W NOI Debt Yield
4.4%
ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
ZCJI24.7903.205.14UL--II (T)-84.79%-Tskpfsmg1xE200-2051951xD+195-174.00000
NFVK72.1282.409.60VO--F (L)-72.23%-Gfldfrxk1xC240x2301oR+230-994.00000
YTWF46.6608.196.20KD--EEE (N)-36.72%-Zlhokptu1aO335v3351bM+335-105.00000
NNRL66.5496.607.90ZJ--BBB-59.00%-Ifqjekyl1vX285e2851cB+285-420.00000
ORPQ774.2714.308.30Yhh--GGG-18.70%-Vdkoroqs1wT135x1351qC+135-647.00000
V-QLSK12.2805.208.14AK--TTT-80.71%-Xmysjwmr1iD165-1701651lL+165-745.00000
EPLP95.9003.533.40MJ--PP (E)-88.25%-------Retained
NpbyQUG145.175--TH--WI---------Retained
YMVF28.4204.743.30OM--C (D)-3.58%-------Retained
Filings
Tranche Comments
O: Registration: 144H/Dip G; V-Q: Registration: 144V/Xti P; Z: Registration: 144M/Ibe G; N: Registration: 144Y/Rby N; N: Registration: 144Q/Tyf H; Y: Registration: 144G/Qic R; E: Registration: 144H/Qxh E; Y: Registration: 144X/Tzz E; Npby: Registration: 144K/Ttk V;
# of Properties
28
WA Seasoning (Months)
9
WA U/W NOI Debt Yield
4.8%
ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
JdqzGCZ262.961--LQ---DA--------Retained
ENGW80.8681.634.23CQ---OO-88.00%-Mkfsfiiq1pJ165-1701701hO+170-714.00000
FNSL87.1139.174.14GY---SSS17.96%-Qchsuawz1fE225-2302251vL+225-904.00000
CNWV59.5963.855.55PX---DDD-20.50%-Jdjlhyvp1tV260-2652601qC+260-366.00000
ICWJ99.6779.497.59TS---MM-12.70%-------Retained
FTAL418.3907.346.33Wee---RRR43.00%-Nqrcpzrt1mU107s1071rA+107-454.00000
CHXK70.3397.872.11ZJ---D-69.67%-Wycmkrlq1pO185-1901901kG+190-317.00000
WBVR51.8301.694.90KR---W-35.47%-------Retained
Filings
Tranche Comments
F: Registration: 144T/Xuu G; E: Registration: 144C/Nod I; C: Registration: 144V/Pyw T; F: Registration: 144H/Fji D; C: Registration: 144W/Mxp Y; I: Registration: 144C/Thw S; W: Registration: 144U/Upf B; Jdqz: Registration: 144T/Kfc Z;
Cut-Off Balance ($mm)
153.919670
# of Properties
65
WA Seasoning (Months)
8
WA U/W NOI Debt Yield
5.5%
ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
MBKI73.2482.804.89MY--M (Q)-8.18%-------Retained
WZWQ83.3922.804.40VT--HH (V)-37.63%-------Retained
TTUY789.9207.502.37Too--TTT-27.70%-Ulxkqhsk1yO95h921lT+102-502.00000
KLNH32.3034.972.86ZO--P (P)-16.59%-Gvcsaasz1gR160i1551kE+165-116.00000
BCON17.5207.789.00YP--III-90.00%-Sjlfxspi1lX200h1901fN+200-774.00000
EWUK11.2704.509.70GQ--AAA (B)-71.22%-Szukhqum1sV240r2251rY+235-311.00000
VHXPR48.413--SV--JF-5.00%-------Retained
ANBZ42.3548.746.35FO--FF (U)-17.46%-Equrzvlw1rE140v1351bE+145-812.00000
Filings
Tranche Comments
T: Registration: 144V/Yag X; A: Registration: 144G/Epu P; K: Registration: 144U/Hjq G; B: Registration: 144T/Gmh V; E: Registration: 144F/Fzm H; W: Registration: 144P/Czq B; M: Registration: 144V/Rxu D; VH: Registration: 144X/Doy W;
Deal Comments
Kyx Hfcc Gvlnycw 24 qyxfy
Collateral
100% fvrus-jvwz rfrssiswu izq uwzvfr zirsvavzisvfz vzswrwusu
Cut-Off Balance ($mm)
148.988145
# of Properties
68
WA U/W NOI Debt Yield
5.7%
ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
UQVK49.9003.207.50GO--PP (P)-98.97%-Thswyazf1hU150p1501sD+150-719.00000
FJYXB33.510--VW--HA---------Retained
VOWK35.6108.345.60OB--TT (U)-49.47%-------Retained
GWFI224.1204.344.79Ykk--VVV-86.38%-Dzxeatho1hJ107p1071hW+107-577.00000
YCVB74.0007.206.21NM--O (P)-2.15%-------Retained
QVLS99.1509.603.10EE--I (Q)-63.29%-------Retained
AEHA83.8007.408.10LW--GGG-15.00%-Trmerusw1qP235s2351eN+235-221.00000
GXWW25.2004.655.40ZT--TTT (H)-76.63%-Zxetqmrt1tM280y2801oE+280-162.00000
Filings
Tranche Comments
G: Registration: 144Q/Fbp G; U: Registration: 144F/Pzp R; Q: Registration: 144J/Bru E; A: Registration: 144W/Ikp E; G: Registration: 144T/Lxq Y; V: Registration: 144A/Yyi T; Y: Registration: 144P/Jke M; FJ: Registration: 144C/Lyb F;
Deal Comments
Vij Hvxx Neeziim 2.00
Collateral
100% hlwlv-flqh lxwvlwlql, vxlvlhqe fxwhl whe qwwl qwllv qwwvlvlqwvlxh lhvqwqlvl
Cut-Off Balance ($mm)
372.786614
# of Properties
39
WA U/W NOI Debt Yield
5.4%
Reinvestment Period (YRS)
2
ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
KXKM726.7303.249.66Zkk--OOO-86.86%-Dkxhrvrc1tS-1301qY+130--
BNRJ66.8966.988.67VW--G (F)-62.98%-------Retained
ROLO12.3726.522.33YM--QQQ (T)-28.49%-------Retained
NNXR34.1598.404.24TU--MM (T)-68.00%-------Retained
ZQNM48.8809.642.59JP--DDD (C)-34.78%-------Retained
Filings
Tranche Comments
K: Registration: 144Z/Ici R; N: Registration: 144D/Gjw N; B: Registration: 144J/Ene X; R: Registration: 144F/Aml P; Z: Registration: 144X/Zzf S;
Deal Comments
Bvt Apkk Fgmlvxa 2.00
Reinvestment Period (YRS)
1
ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
PPOT61.4007.317.21VD--JJJ (I)-20.32%-Ldhffzwy1mL275l2751jX+275-576.00000
CUTX93.2405.718.74FK--N (W)-75.35%-Tmzlcwey1yT210d2051dK+205-331.00000
FIJP48.7003.363.62WQ--YYY (H)-85.26%-Omlhoskt1jG250u2501gX+250-664.00000
Q-KXBB73.6609.424.72XR--MMM-36.19%-Gswvurio1cR140l1351pU+135-546.00000
ZHBQ87.5767.723.41ZC--VV (E)-56.00%-Yyexoyha1hM185z1801fC+180-474.00000
WPXL69.8827.972.61AG--XX (T)-50.50%-------Retained
Ribkk AbaibsHII10.437--UX--EI---------Retained
AZMD276.5248.722.17Ntt--CCC-19.27%-Pxrpqcph1lA112-1151151kA+115-592.00000
CZOD91.1007.261.72HY--P (M)-9.65%-------Retained
Filings
Tranche Comments
A: Registration: 144A/Oaw G; Q-K: Registration: 144E/Jqs Y; Z: Registration: 144U/Xvw J; C: Registration: 144Q/Ktn H; F: Registration: 144E/Qmd G; P: Registration: 144O/Tqa K; W: Registration: 144O/Vev A; C: Registration: 144E/Fdt A; Ribkk Abaibs: Registration: 144X/Arl N;
ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
MVAI97.4116.334.40HU---QQQ-94.10%-Fhqwsmjm1iM----Retained
NJVR613.4293.546.38Yvv---XXX40.30%-Rpqjewax1aP-1101bB+110-781.00000
KTZK26.5602.504.21DN---B-29.84%-Smimyepi1tM----Retained
WETQ85.3857.406.72EL---FF-96.58%-------Retained
OBQN94.9102.137.66CN---U-94.74%-------Retained
XhahFJD24.4993.192.78MJ---IW--------Retained
DYUVW87.7509.235.10SI---CCC24.00%-Zlxhjmcr1mA-1401lI+140-301.00000
EJIL84.4511.924.44UI---NN-13.40%-Hzjsaekl1xY-1751rC+175-952.00000
Filings
Tranche Comments
N: First Pay: 2019-08-16; Registration: 144V/Jel L; DY: First Pay: 2019-08-16; Registration: 144K/Jzn Y; E: First Pay: 2019-08-16; Registration: 144P/Ffk Z; K: First Pay: 2019-08-16; Registration: 144K/Icx E; M: First Pay: 2019-08-16; Registration: 144A/Eol L; W: First Pay: 2019-08-16; Registration: 144V/Xlb Z; O: First Pay: 2019-08-16; Registration: 144M/Xzw V; Xhah: First Pay: 2019-08-16; Registration: 144T/Lmn R;

B&I

BWICS & Inventory

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TRACE

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Research