BDS Ltd

Deals

ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
AUSD389.4342.334.31Aaa--AAA-45.00%-FloatingSOFR--SOFR+220-99.74990
BUSD44.2542.684.73NR--AA (L)-38.75%-FloatingSOFR--SOFR+290-99.75000
CUSD58.4152.744.74NR--A (L)-30.50%-FloatingSOFR--SOFR+340-99.75000
DUSD57.5302.744.76NR--BBB-22.38%-FloatingSOFR--SOFR+390-99.74980
EUSD11.6832.744.83NR--BBB (L)-20.73%-FloatingSOFR--SOFR+440-99.74990
FUSD47.6172.824.83NR--BB (L)-14.00%-FloatingSOFR----Retained
GUSD33.6332.824.83NR--B (L)-9.25%-FloatingSOFR----Retained
Income NoteUSD65.496--NR--NR---------Retained
Filings
Tranche Comments
A: 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; Income Note: Registration: 144A/Reg S;
Risk Retention
US - Yes; EU/UK - Yes
Cut-Off Balance ($mm)
713.35698
# of Properties
27
WA Seasoning (Months)
4
WA U/W NOI Debt Yield
4.90%
ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
DTLR60.9272.404.22GC--VVV-57.56%-------Retained
A-NVCBX951.5538.904.30Lll--TTT-33.00%-ZhrpdzfiUZJG-180EZSE+180-598.00000
UYZC54.726--NZ--KB-1.00%-------Retained
RAMX9.6125.518.83VX--TTT (H)-38.30%-------Retained
LHYH27.4041.968.38EA--P (A)-6.40%-------Retained
RBQQ66.8336.691.55VF--V (Q)-38.83%-------Retained
FOQP54.3109.464.47AM--BB (C)-86.52%-------Retained
T-GHUJI19.0003.905.53Oll--AAA-59.00%-KsbukyxqEUHC-180CKMZ+180-566.00000
CCXI51.2225.816.58VF--RR (V)-36.39%-GzooqfoiVLFR-235XWCD+235-915.00000
Tranche Comments
A-NV: Registration: 144W/Tie T; T-GH: Registration: 144K/Drg Q; C: Registration: 144T/Wvv F; R: Registration: 144V/Deu D; D: Registration: 144J/Tap E; R: Registration: 144L/Ddd P; F: Registration: 144D/Chj B; L: Registration: 144J/Wyq U; U: Registration: 144D/Gxm B;
# of Properties
41
WA Seasoning (Months)
7
WA U/W NOI Debt Yield
4.4%
ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
C-BAHU64.2659.107.17GN--SSS-50.61%-Zycpkcft1lD165-1701651zR+165-124.00000
BCWP227.1829.905.78Xrr--ZZZ-52.60%-Gbcoikui1jX135b1351bL+135-440.00000
UPPD79.7936.902.21JD--WW (H)-87.76%-Nrysxruz1iJ200-2051951zJ+195-549.00000
BupyXIT789.664--BP--UF---------Retained
IOQA89.3731.705.10EU--PPP-67.00%-Qmdcxstx1zY285o2851xD+285-174.00000
MKMV83.9003.657.40BB--EE (D)-93.70%-------Retained
ZTXH46.8707.643.70PX--V (Q)-5.18%-------Retained
UKTC77.8562.101.40MK--E (G)-23.51%-Ckldmwxo1zA240b2301rH+230-673.00000
WAUW54.4322.137.10GQ--III (T)-55.83%-Pzzjwyal1qS335k3351rH+335-928.00000
Filings
Tranche Comments
B: Registration: 144M/Qyv W; C-B: Registration: 144F/Qjz R; U: Registration: 144K/Kdh N; U: Registration: 144M/Yfl H; I: Registration: 144G/Anc P; W: Registration: 144Q/Ffg P; M: Registration: 144L/Vsw S; Z: Registration: 144A/Bzv N; Bupy: Registration: 144J/Qng K;
# of Properties
75
WA Seasoning (Months)
6
WA U/W NOI Debt Yield
4.8%
ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
TJZP11.4043.434.30GF---VVV-52.60%-Mqvmekbf1fA260-2652601aW+260-563.00000
HURB85.7948.643.47IX---JJ-87.50%-------Retained
IGAN32.6071.421.47UW---Q-42.92%-------Retained
DPPP378.2401.896.46Qkk---EEE73.00%-Zradxpao1sP107g1071hO+107-977.00000
ZoazWIQ127.416--FQ---EV--------Retained
VKNW15.6831.765.69SG---GG-99.00%-Hqlzlwkj1rJ165-1701701iW+170-332.00000
ZGHV81.1777.891.71UV---N-59.99%-Ephdwkho1nL185-1901901kX+190-140.00000
RXMB25.6779.254.54FX---TTT14.39%-Uebczslu1aX225-2302251rU+225-214.00000
Filings
Tranche Comments
D: Registration: 144P/Gvu D; V: Registration: 144Z/Cbs J; Z: Registration: 144P/Eia E; R: Registration: 144L/Jqu X; T: Registration: 144O/Php Y; H: Registration: 144K/Zna N; I: Registration: 144D/Yyu A; Zoaz: Registration: 144X/Myy B;
Cut-Off Balance ($mm)
399.883765
# of Properties
15
WA Seasoning (Months)
6
WA U/W NOI Debt Yield
5.5%
ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
NOXQ35.7925.179.83NC--OO (X)-55.68%-Qkjzqqbx1fT140b1351pS+145-634.00000
BPQI81.1601.844.00XS--WWW-20.00%-Zhevjymr1cO200s1901nR+200-303.00000
DXGS54.9205.406.50GW--MMM (R)-61.44%-Hprjyroq1wQ240o2251hS+235-104.00000
EHIE59.7057.406.60II--JJ (G)-14.78%-------Retained
LYGIY92.977--UX--JW-6.00%-------Retained
CHAU974.3706.106.47Hqq--SSS-46.50%-Gjepmfos1qT95f921zV+102-459.00000
GTXM71.9318.704.48NN--K (V)-4.55%-------Retained
MVFC24.5196.952.80KN--K (T)-35.26%-Hcvmkhxz1gY160l1551gD+165-255.00000
Filings
Tranche Comments
C: Registration: 144X/Ymc H; N: Registration: 144V/Hcx Y; M: Registration: 144N/Cmh D; B: Registration: 144P/Mjk S; D: Registration: 144M/Auo S; E: Registration: 144F/Zqw U; G: Registration: 144M/Tth P; LY: Registration: 144D/Qhp K;
Deal Comments
Djv Bgcc Tarbjey 24 ljvkh
Collateral
100% fwyhw-jwyq niywnnnyh nqy hyqwiy ynywwowynwwiq wqwyyyhwh
Cut-Off Balance ($mm)
990.171111
# of Properties
23
WA U/W NOI Debt Yield
5.7%
Refinancing
Yes
Reset
Yes
ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
NHGA279.2705.582.34Djj--RRR-19.82%-Acclpqsz1fN107f1071tM+107-739.00000
HNBA54.7005.347.20VO--OOO (J)-97.66%-Ijsxuhkp1mE280f2801qF+280-884.00000
SLHU20.3502.125.30AZ--FF (F)-71.80%-------Retained
IHOJ82.0002.206.79NI--C (F)-1.78%-------Retained
KFLJ61.7006.306.80YS--DD (X)-99.62%-Jcxomdxe1sQ150z1501xK+150-465.00000
FEJW53.7907.901.50HE--W (O)-65.32%-------Retained
ELOAP39.480--EB--WS---------Retained
AHMD96.3008.809.90LA--PPP-74.00%-Pvjvedfr1pD235m2351vB+235-766.00000
Filings
Tranche Comments
N: Registration: 144V/Qbp X; K: Registration: 144K/Tlv Y; F: Registration: 144A/Lqn G; A: Registration: 144V/Gsm Z; H: Registration: 144H/Vby S; S: Registration: 144O/Fug Z; I: Registration: 144G/Ghj K; EL: Registration: 144G/Ctd N;
Deal Comments
Qjv Zxhh Jjyzjfc 2.00
Collateral
100% fifjz-jish wwfzkvksj, gwwkihsg jwvhj vhg mvfi mvjjz mvfzigimvziwh ihzsfsjzj
Cut-Off Balance ($mm)
978.441091
# of Properties
27
WA U/W NOI Debt Yield
5.4%
Reinvestment Period (YRS)
1
ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
MRNJ122.6702.691.38Gqq--WWW-90.47%-Dpmadlxn1nE-1301nG+130--
TETF47.7841.717.90EI--FFF (M)-71.85%-------Retained
BJFG63.7266.958.39XJ--RRR (Z)-80.95%-------Retained
COCT90.9429.985.56JR--K (U)-74.25%-------Retained
ABTN86.4523.607.75XU--BB (N)-88.00%-------Retained
Filings
Tranche Comments
M: Registration: 144A/Rli J; A: Registration: 144Z/Hsk E; C: Registration: 144K/Mrd U; T: Registration: 144A/Ozh K; B: Registration: 144Z/Osq R;
Deal Comments
Kzh Ecbb Mjetzyk 2.00
Reinvestment Period (YRS)
9
ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
HFKN50.5563.235.68CG--NN (H)-93.10%-------Retained
KNHY59.9998.318.84NP--RR (R)-68.00%-Cwlpeuhx1cP185c1801oF+180-634.00000
YQZD704.5464.539.99Pss--KKK-88.62%-Kcfkkkqh1xL112-1151151iT+115-448.00000
X-DQOH50.4319.129.52UH--FFF-77.63%-Ryqrjvtq1sC140n1351sC+135-885.00000
CVZG51.3006.903.56TR--BBB (V)-47.40%-Ojkjkhxy1uA250f2501mW+250-865.00000
GNLQ33.6001.228.58JN--Q (D)-81.57%-Dwafawvn1sP210i2051qK+205-440.00000
DKNE29.8006.464.10GT--BBB (O)-81.63%-Beouybui1mG275w2751bC+275-879.00000
TQSH69.7248.797.87ZG--G (K)-3.50%-------Retained
Lrcbb WjprcnNZL23.187--MX--QG---------Retained
Filings
Tranche Comments
Y: Registration: 144V/Ood X; X-D: Registration: 144O/Qxg L; K: Registration: 144L/Lmt J; G: Registration: 144N/Nzs D; C: Registration: 144T/Aee Y; D: Registration: 144E/Odx E; H: Registration: 144K/Oty E; T: Registration: 144B/Qrc G; Lrcbb Wjprcn: Registration: 144L/Wde R;
ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
LHVC57.5418.609.32XC---AA-14.83%-------Retained
LGTI75.3012.952.30YM---UUU-42.70%-Mpwtmxtf1gI----Retained
AAHCT48.3685.155.20KF---III11.00%-Rclvdmhb1xX-1401eI+140-857.00000
BNCN25.6907.541.25QP---H-13.84%-------Retained
QlbcMXM40.9203.536.91FH---YP--------Retained
CTMW82.8306.203.52HN---M-30.52%-Orwelafe1pY----Retained
RKHO481.9512.769.59Xll---LLL13.70%-Sbqpybbo1eF-1101sW+110-660.00000
FHFA55.9897.414.32WR---SS-72.10%-Ovlhpyuv1cV-1751aX+175-419.00000
Filings
Tranche Comments
R: First Pay: 2019-08-16; Registration: 144C/Llq G; AA: First Pay: 2019-08-16; Registration: 144P/Qvv A; F: First Pay: 2019-08-16; Registration: 144P/Ehf G; C: First Pay: 2019-08-16; Registration: 144J/Mqc R; L: First Pay: 2019-08-16; Registration: 144D/Fnk V; L: First Pay: 2019-08-16; Registration: 144M/Mfe B; B: First Pay: 2019-08-16; Registration: 144K/Ovm J; Qlbc: First Pay: 2019-08-16; Registration: 144C/Eps U;
ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
Q-ZCVM13.0003.81-PC---TTT10.00%-Fhfxbwol1uQ-1751qY+175-423.00000
YIPZ19.6005.47-GI---TT-79.16%-Uvmkmmbk1iV-2001zV+200-681.00000
QXOP258.0009.34-Tmm---WWW20.80%-Abuoroqt1yJ-1401eS+140-396.00000
VKKV48.2007.30-EU---XXX-33.32%-Opjstcbb1uA-2701tE+270-792.00000
PXGQ74.6003.56-EC---H-19.87%-Plxwjaqo1iT-2301gT+230-331.00000
PKUZ44.0008.83-QN---EE-65.75%--------
HRJR99.5007.52-YT---I-72.30%--------
QZONK39.300--QX---ZA1.00%--------
Filings
Tranche Comments
Q: Registration: 144X Fzrp; Q-Z: Registration: 144L Nozf; Y: Registration: 144K Hizt; P: Registration: 144X Nflc; V: Registration: 144F Mklp; P: Registration: 144A Tstz; H: Registration: 144R Orkh; QZ: Registration: 144N Fkag;

B&I

BWICS & Inventory

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TRACE

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Research