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.
CFC Names Former Direct Line Exec Winslow as Group CEO, Succeeding O’Shea 
New Autopsy of Baby Killed by Police in Mississippi Deepens Outrage 
Honda’s Insurance Agency Operations Stall, Services ‘Paused’ 
Travelers Builds Insurance-Specific LLM 
