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.
Florida AG Says His Office Investigating ‘Anti-Public Adjuster’ Endorsements in Policies 
Social Engineering: The Analog Threat to Digital Defenses 
Former Trident Reciprocal CEO Ordered to Pay $468K in Attorney and Arbitrator Fees 
Reuters: DXC in Advanced Talks to Sell Insurance Software Unit for $2.4 Billion 
