The “DART 2000-1” offering will likely feature four senior tranches: a $190 million Class A1, a $274 million Class A2, $168 million Class A3 and $83 million Class A4.
The deal will likely be structured with a $24 million A-rated trance and a $13 million BBB-rated piece, according to a Reuters news service report.
Was this article valuable?
Here are more articles you may enjoy.
Grandson Not Covered Under Grandma’s Home Insurance 
New York Governor Hochul Vows to Tackle Insurance Affordability, Litigation and Fraud 
Thumbs Down on SELF DRIVE Act as Written, Says Industry Trades 
Insurance Regulators, Trades Get Behind Latest Effort to Abolish FIO 
