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.
Zurich CEO Says Staff Let Go as Regulator Finma Imposes Partial Sales Ban
Mapfre to Acquire Safety Insurance for $1.54 Billion in Cash Deal
Former Insurance Agent Sentenced to Jail for Fraud, Again
AM Best Calls $1.54 Billion Mapfre-Safety Marriage ‘Strategically Compelling’ 

