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Regatta XXVI Funding Reset

The recent accretive reset of Regatta XXVI Funding reduced its WACC by 81 bps, from 242 bps to 161 bps, and extended its reinvestment period by two years. The deal was originally priced in late 2023 with a closing date of 12 December 2023. Since its first reporting date in March 2024, its collateral weighted-average spread has declined by 58 bps, from 372 bps to 314 bps.

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