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RIN I ("RIN LTD") CLO First CLO Primarily Secured by Loans to Economic Infrastructure Assets Deutsche AM's inaugural infrastructure CLO, RIN I closed on October 25th 2017 First Infrastructure CLO rated by Moody's under its Project Finance &
Baa3 rated Notes Notes priced at WACD of 191 bps; 21bps wider than BSL CLO4 • Note and Equity tranches purchased by 23 unique investors 60bps of Par Creation vs 36bps for 2015 vintage BSL CLO4 Current Equity NAV of 104.2%5 • Weighted Average Spread of 370bps vs 357 bps for 2015 vintage BSL CLO4 Equity ac
RIN I ("RIN LTD") CLO First CLO Primarily Secured by Loans to Economic Infrastructure Assets Deutsche AM's inaugural infrastructure CLO, RIN I closed on October 25th 2017 First Infrastructure CLO rated by Moody's under its Project Finance &
Baa3 rated Notes Notes priced at WACD of 191 bps; 21bps wider than BSL CLO4 • Note and Equity tranches purchased by 23 unique investors 60bps of Par Creation vs 36bps for 2015 vintage BSL CLO4 Current Equity NAV of 104.2%5 • Weighted Average Spread of 370bps vs 357 bps for 2015 vintage BSL CLO4 Equity ac
RIN I ("RIN LTD") CLO First CLO Primarily Secured by Loans to Economic Infrastructure Assets Deutsche AM's inaugural infrastructure CLO, RIN I closed on October 25th 2017 First Infrastructure CLO rated by Moody's under its Project Finance &
Baa3 rated Notes Notes priced at WACD of 191 bps; 21bps wider than BSL CLO4 • Note and Equity tranches purchased by 23 unique investors 60bps of Par Creation vs 36bps for 2015 vintage BSL CLO4 Current Equity NAV of 104.2%5 • Weighted Average Spread of 370bps vs 357 bps for 2015 vintage BSL CLO4 Equity ac
Entities connected to both Loans to Economic Infrastructure Assets and Par Creation
Morgan Stanley Research
ORGANIZATION
Moody's
ORGANIZATIONDeutsche AM's
ORGANIZATIONDeutsche Asset Management Infrastructure Debt Presentation: RIN II Equity
ORGANIZATIONCurrent Weighted Average Rating Factor
ORGANIZATIONMoody's Approach to Rating Collateralized Debt Obligations
ORGANIZATIONProject Finance and Infrastructure Assets
ORGANIZATIONthe Principal Collateral
ORGANIZATION