EFTA01422826Set 10
2011-06-15323p90,065w
required to
come into compliance with that test;
any Distribution Date after the Non-Call Period on which a Special
Redemption occurs;
any Distribution Date after the Reinvestment Period, until ... relating
to the Distribution Date in June 2014, (b) the date after the Non-Call
Period specified by the Investment Manager in a notice to the Trustee
that investments ... required to
come into compliance with that test;
• any Distribution Date after the Non-Call Period on which a
Special Redemption occurs;
• any Distribution Date after the Reinvestment Period, until
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01422826.pdf
EFTA01413178Set 10
2014-07-2947p7,718w
refinanced 2011/2012 CLO bonds:
—Very little or no reinvestment period, and one year non-call period
—Capped amend-to-extend activity and capped reinvestment of prepayments
gives more certainty over ... Only
24
Spread
talk; (bps)
137
235
330
430
630
n/a
Columnl
Launch
Non-Call Period
Reinvestment
Period
Final Maturity
—Risks: default of underlying collateral, credit risk of manager, liquidity
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01413178.pdf
conditions described herein, (i) on any
Distribution Date after the end of the Non-Call Period or (ii) upon and
during the continuance of a Tax Event on any Distribution ... redeemed or paid in full, the redemption of
the Subordinated Securities.
The "Non-Call Period" is the period from the Closing Date to, but
excluding, the Determination Date relating
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01365537.pdf