Current Weighted Average Rating Factor
ORGANIZATIONMoody's Approach to Rating Collateralized Debt Obligations
ORGANIZATION3
Shared Docs
3
Same-Page
3 / 3
Mentions
7 First Infrastructure CLO rated by Moody's under its Project Finance & Infrastructure CDO Rating Methodology2 100% ramped (91% ramped at closing) Current Weighted Average Rating Factor of 19023 Vehicle leverage of 6.67x: 15% par subordination through Baa3 rated Notes Notes priced at WACD of 191 bps; 21bps wider than BSL CLO4 • No
4 years 2 years 11 years April 20, 2018 Dual Compliant (Deutsche Bank retained 5% vertical slice) (1) As of closing on October 29' 2017. (2) 'Moody's Approach to Rating Collateralized Debt Obligations Backed by Project Finance and Infrastructure Assets; August 12. 2015. (3) As of January 17Th 2018. (4) Source. Morgan Stanley Research. As of Decem
7 First Infrastructure CLO rated by Moody's under its Project Finance & Infrastructure CDO Rating Methodology2 100% ramped (91% ramped at closing) Current Weighted Average Rating Factor of 19023 Vehicle leverage of 6.67x: 15% par subordination through Baa3 rated Notes Notes priced at WACD of 191 bps; 21bps wider than BSL CLO4 • No
4 years 2 years 11 years April 20, 2018 Dual Compliant (Deutsche Bank retained 5% vertical slice) (1) As of closing on October 29' 2017. (2) 'Moody's Approach to Rating Collateralized Debt Obligations Backed by Project Finance and Infrastructure Assets; August 12. 2015. (3) As of January 17Th 2018. (4) Source. Morgan Stanley Research. As of Decem
7 First Infrastructure CLO rated by Moody's under its Project Finance & Infrastructure CDO Rating Methodology2 100% ramped (91% ramped at closing) Current Weighted Average Rating Factor of 19023 Vehicle leverage of 6.67x: 15% par subordination through Baa3 rated Notes Notes priced at WACD of 191 bps; 21bps wider than BSL CLO4 • No
4 years 2 years 11 years April 20, 2018 Dual Compliant (Deutsche Bank retained 5% vertical slice) (1) As of closing on October 29' 2017. (2) 'Moody's Approach to Rating Collateralized Debt Obligations Backed by Project Finance and Infrastructure Assets; August 12. 2015. (3) As of January 17Th 2018. (4) Source. Morgan Stanley Research. As of Decem
Entities connected to both Current Weighted Average Rating Factor and Moody's Approach to Rating Collateralized Debt Obligations
Deutsche Asset Management Infrastructure Debt Presentation: RIN II Equity
ORGANIZATIONProject Finance and Infrastructure Assets
ORGANIZATION
Moody's
ORGANIZATIONPar Creation
ORGANIZATIONMorgan Stanley Research
ORGANIZATIONthe Principal Collateral
ORGANIZATIONDeutsche AM's
ORGANIZATIONLoans to Economic Infrastructure Assets
ORGANIZATION