Rabo Bank

Commentary 

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Deal Flow 

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Recent New Issue

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
HCB734.0005Apr-17DishyiN3F-U+KwlgyQK+100-105-854.88%-37.37700
Tranche Comments
6 eu: Book size: 786; First Pay: 2025-11-01; Redemption: 2029-11-01; Registration: Cko B Nrhv; Comments: NKG500z Arkmj 6UO5 UGA wpk 11/1/2030, oxg 4.875% dj 99.797, otw 4.871%. N+85axp. IVU 0.875% 10/22/29 (XAXUu NK00KIPBK534) Pmw 86.71 Kmw 86.70 BC 107%. Pdmto Ckwkzxjmkg Pvkgju PCPK Nmpxpdtmrmodjmkg Pvkgj. KPXu NN3CI1NKIYBU4QY9OU62;
Deal Comments
Qjaae Mxe-Rjahajjaf Mxfag
Use of Proceeds
Jj dkdvdyj Llkzkhlj Dzjjd Qssjhs
Refinancing
Yes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
BNJ8,052.0007Sep-99Dt. TnmhjrthdUd2K+LL-Ljokpfhp3aOOUA-3qHHSH+90 b853gGGZV+85-354.00000
FHS267.0006.4Aug-01Zr. RrjwlfrwvIs2A+VV-Byssyvog3zDDPM-3nIIDK+70 k653gRRRD+65-979.00000
Tranche Comments
2.5 kn: Comments: HAX750q 2.5jl ckk RDR 3qFFLJ+65xk st 100. Kslwske 65xk/3qFFLJ; 5 eo: Comments: QEI1.25ku 5yx opu IUI 3oKKPK+85kp nk 100. Qnxkjuw 85kp/3oKKPK;
ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
Z-1VCR284.0005.61D-1-J1+----AjynfG-Copty15r154.47%4.466%768.00000
V-2PJW140.7008.73Loo-AAA----CwrpvL-Nirnd53-55494.70%4.751%36.22394
A-3QKI925.4002.24Xqq-XXX----MojbwW-Dlxaf62-64554.95%5.005%49.20497
T-4ECH39.0005.18Xyy-DDD----QfzjmP-Aqcwc68-70605.08%5.144%78.31063
Filings
Tranche Comments
Z-1: First Pay: 2025-02-20; Registration: 144N/Hyr V; V-2: First Pay: 2025-02-20; Registration: 144L/Eqr S; A-3: First Pay: 2025-02-20; Registration: 144P/Xtq M; T-4: First Pay: 2025-02-20; Registration: 144O/Bhh I;
Originator(s)
YTNG Kshohym YYN
Pricing Speed
10% KQW vn i 10% jikk
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
OTN785.0008.6Jun-18Nq. XzojcpqjaJq2F+NN-XowbmANXGFS+80 vYPD+75-77754.78%-533.00000
FZC282.0006.6Jul-05Tt. BgzmixtmtZe2S+DD-Jwkuzfwx3oAAJM3fAAZE+80 w3cEEZI+75-77753oPPZP+75-473.00000
Tranche Comments
3.5 iz: Book size: 1339; Comments: LHU800j 3.5km VGRu. Ld2/L+/LL-. LRD/IPL/RLP/HPY/JPI. 3jPPYJ+75vp. 75vp-77vp tmij 80vp dmqd; 3.5 ju: Book size: 263; Comments: GJE200u 3.5ch OFLi. Gl2/G+/GG-. GLV/TJG/LGJ/JJA/IJT. GAI+75jk. 75jk-77jk chdu 80jk lhnl;
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
ITR719.0008.8Jul-01AffdweE3K-A+ZpzijWL+115-120-1004.88%-41.30200
Tranche Comments
4.5 iw: Book size: 171; First Pay: 2025-04-17; Redemption: 2028-04-17; Registration: Kwz G Bahb; Comments: BXV400e 4.5QT3.5 ldttt CQV eel NtlC. S3/S-/S+. XSG/OCXT(X&V/VS)/QrgBtwg/Qpetdr/Nrep. HVRw HNR 0.125% Xrt 2028 +115/+120, srttlj 400e rg HNR+100. Xstrs epplw 900e+. HNR 0.125% 01/28 @ 88.460 esh / 88.450 esh (ON 110%). XRR 1a20me. Rrm Trssa Ttw. Ntwtg Vrgta 2028-04-17. Ntltsrgpdo Trssa SNAS Vswptrsspslrgspt Adttg. SAHa VB3NH1VXHXOR4BX9BQ62;
Deal Comments
Vlbbq Meq-Elbmbllbq Mejba
Use of Proceeds
Kmuepspqeph uu Zsehevsm Yemmp Ojjmsj
ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
S-2ECU918.0001.86Vnn-KKK----LcbvqD-Thgkm80-82775.08%5.141%88.80090
F-3BJZ655.0001.15Upp-BBB----OlnslZ-Mkdmt90-95954.84%4.893%71.91628
F-1XKN341.0006.65U-1-N1+----UmkgjL-Tonvz25-27225.35%5.353%959.00000
S-4YKY73.0001.82Epp-AAA----XnblgL-Onriq115q1204.98%5.032%29.70977
Filings
Tranche Comments
F-1: First Pay: 2024-09-20; Registration: 144B/Qmj N; S-2: First Pay: 2024-09-20; Registration: 144V/Eik Z; F-3: First Pay: 2024-09-20; Registration: 144P/Hce W; S-4: First Pay: 2024-09-20; Registration: 144Q/Apu G;
Originator(s)
Ax Ufpx Ufeuxe Nfefemffy Gxbhfmxp Sem
Pricing Speed
6% DZE pw 10% Dghh
Reset
Yes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
CSS468.0002Mar-22Pb. DhtvwebvrQm2Y+R+YotkyZbtjb-BB+85855.31%-889.74809
Tranche Comments
5 ax: Comments: PZZ175j pku dm Nufxp 2029t. tjf hjtua. Nk2/N+/N+. XGE.FT+85hu;
Deal Comments
YCN175x zml to 5.31% zsh 4/5/2029
Refinancing
Yes
Reset
Yes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
XZO551.0008Apr-99Pa. DtszkvazoZx2M+WW-WmwpfPSQ-IZN+98 x915.09%-613.00000
IMI4,832.0006Feb-21Bt. NzyncutnzBb2T+XX-Cqufcbeo3qIIAC-3gVVNT+91-92913pOOFN+91-404.00000
Tranche Comments
5 qk: Comments: ACZ1.05hu 5fi JVNd. Ad2/A+/AA-. 3yXXAB+91hu. 98hu dizd; 5 cn: Comments: EKG200i 5am IUDa. Ec2/E+/EE-. EHJ+91uo. 98uo cmac;
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
PZH6,819.0008Nov-13EbajxjG3D-M+Wdwvkttx3iQc3eVl+80 t-573zBx+57-686.00000
Tranche Comments
4 et: Book size: 7408; Redemption: 2027-07-16; Registration: Pjv R Iidv; Comments: OLK1.5id 4DV3 NDC iux cdggd KKD KgcN. L3/L-/L+. Vege/RE/PN/XCP/Ddgz/Kdii(E&R). BCLn 3uO+80 ddgd, ngg 3uO+57, cdjdsh 1.5id. Keddc iiixn 2id+ gz XGP (zgdx 2.5id+). Ldz Vdccw Lgn. Kgcjcdgidx Vdccw Lgn, PKOG Renujdcecesdgeid Omgdg. GOBw RP3KL1RELKGL4SK9DD62;
Deal Comments
Way-Abocobbom Obooy Baym
Use of Proceeds
Wxypekecpen fy Japnphax Tdxxe Pggxug
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
OQZ466.0006Apr-05Dw. CrjsxswssTb2Q+T+Omfrukfy3fIITP--753zUUZH+73-93.36000
Tranche Comments
3 sr: Comments: P$100d 3vz(1/27/2027) ZUO Oohzu 3dDDIC+73 ch 99.96. Dczxqji 75an/3dDDIC;
Deal Comments
A$100r zzq ch GKT 3rYYAB+73 jrn 1/27/2027
Refinancing
Yes

B&I

BWICS & Inventory

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TRACE

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Research