EFTA01368645.pdf

Structured finance: corporate credit transactions Area of expertise: Structured finance and lending Theme: Transitional capital -Recapitalization on gas station properties wort lease monetization Overview: Overview: — Senior secured credit solution consisting of first, second and third lien non-revolving term — Senior financing to borrower secured by loans, secured by the assets of the borrower and subsidiaries contracted lease payments from a credit- — This transaction appealed to the owner because it would allow (i) the refinancing of all worthy counterparty to conduct the existing term and subordinated debt and (ii) the payment of a dividend to equity holders by operations at the resort owned by the borrower using the residual proceeds from the new facility Terms: — Allows the owner to consolidate multiple facilities and remove an expensive piece of mezzanine debt Financing — -300 underlying gas stations provide a unique, diversified, recession-proof asset with high —$300mm amount barriers to entry 4 years + 1 year Tenor option to extend Terms: Economics Mid single digits Financing amount —$260mm Medical device company - pre-IPO financing Tenor 5 years Overview: — Senior secured debt to venture capital- backed company seeking to expand clinical 2% per annum on any undrawn proceeds under trials and provide liquidity prior to a potential Undrawn fee IPO the facility Terms: First, second and third lien secured by priority Financing Security interests on all the assets of the borrower and -$50mm amount the applicable subsidiaries Tenor 3 years First lien: L + 4.75% Indicative interest rate Second lien: L + 8.00% Third lien: L +14.00% Economics Mid teens Deutsche Asset Wer3ith For U.S. Key Client Partners (KCP) Clients Only 19 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0060510 CONFIDENTIAL SDNY_GM_00206694 EFTA01368645