Investor Presentaiton
Summary of the Certificates Offering
Aggregate Face Amount
Ratings (Moody's / S&P)
Initial LTV/Max LTV(
Initial Average Life (in years from Issuance Date)
Expected Principal Distribution Window (in years from Issuance Date)
Regular Distribution Dates
Final Expected Distribution Date
Final Legal Distribution Date()
Liquidity Facility Coverage
Class AA
$795,894,000
Aa3 / AA-
54.0% / 54.5%
6.2 years
0.7-8.2 years
June 10 & December 10
June 10, 2028
December 10, 2029
KEEP CLIMBING
▲ DELTA
Class A
$204,106,000
A3/A-
67.8% / 68.5%
5.4 years
0.7-8.2 years
June 10 & December 10
June 10, 2028
December 10, 2029
Interest Rate
Minimum Denomination
3 semi-annual interest payments
Fixed rates, semi-annual payments,
30/360 day count
$2,000 and integral multiples
of $1,000 in excess thereof
3 semi-annual interest payments
Fixed rates, semi-annual payments,
30/360 day count
$2,000 and integral multiples
of $1,000 in excess thereof
(1) The Initial LTV for each of Class AA and Class A is as of the Closing Date, and the Maximum LTV for each of Class AA and Class A is as of June 10, 2020. The LTV for the Class A Certificates
includes the face amount of the Class AA Certificates.
(2) The Final Legal Distribution Date for each class of Certificates is 18 months after the Final Expected Distribution Date for the relevant class of Certificates, which corresponds to the applicable
Liquidity Facility coverage of three successive semiannual interest payments.
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