Investor Presentaiton
CLO Equity & Initial Distribution Schedule
($ in millions)
CLO equity which has made its initial distribution to OXSQ (at original cost) 1
CLO equity which has not made its initial distribution to OXSQ (at original cost)²
Total CLO Equity1
CLO Equity Holdings Making Initial Distributions as of the Dates Below²
($ in millions)
CLO equity expected to make initial distribution to OXSQ by 12-31-22 (at original cost)
CLO equity expected to make initial distribution to OXSQ by 3-31-23 (at original cost)
CLO equity expected to make initial distribution to OXSQ by 6-30-23 (at original cost)
Total
Cash Flow Diversion Amount
($ in millions)
Cash flow diversion amount 3,4
Q3-22
Q2-22
Q1-22
$ 242.9
$ 221.4
$ 232.6
$ 203.7
3.9
23.3
Q4-21
33.5
$ 209.1
33.5
Q3-21
$ 246.9
$ 244.7
$ 232.6
$ 237.1
$ 242.5
$ 3.9
$ 3.9
Q3-22
$
Q2-22
$
Q1-22
$
Q4-21
$ -
Q3-21
$
Note: Totals may not sum due to rounding.
1.
Excludes called deals.
2.
3.
4.
Represents the amount of CLO equity investments (purchased in either the primary or secondary market) which had not yet made an initial distribution to OXSQ during the quarter. For newly issued CLOS, it can
generally take up to three quarters from issuance to receive initial distribution payments from those respective CLO equity investments.
These figures represent the total cash diverted from investments by the CLO vehicle as a result of failure to comply with their respective overcollateralization and/or interest diversion tests.
As reported by Trustee, includes record date payments as of quarter-end.
LO
5
OXSQView entire presentation