In this section, we will be running through how to start a structure with our Structuring Tool. The three ways are:
- Create a new structure
- Load a previous deal structure from a template
- Load from OM (Offering Memorandum)
Navigation
Whether you want to create a new structure or utilize a prior deal, users can either select Create or Load to access the different options to start their structure.
Create a New Structure
Users will need to define the securitization properties for their structure after selecting Create. Securitization Properties would include:
- Structure Name - custom name for deal
- Settlement Date - when the deal fully closes
- Collection Date - when collection on the collateral begins
- First Payment Date - first date on payment of the securitization
- Distribution and Collection Day - exact date each month for each respective variable
- Distribution Month Offset - lookback between the collection and distribution month
Once the Securitization Properties are filled out, a Save Template button will be activated.
The video below showcases this functionality:
Load From a Template
When a user loads from a template, this will allow them to access the Securitization Properties, Asset Side, Waterfall Components, and the Priority of Payments on the securitization. The video below showcases this functionality:
Load from OM
When a user loads from an OM, this will allow them to access the Securitization Properties, Asset Side, and Waterfall Components. The video below showcases this functionality: