What is the Debt Service Coverage Ratio (DSCR)? How do I calculate DSCR? Why is a higher DSCR important for loan approval?

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The deal includes a minimum assets test, requiring the issuers to own at least 10 assets at the end of the nine-month delivery period, or seven assets after the delivery period.

The deal has a step-up coupon feature that calls for the fixed rates on classes A1, A2 and A3 to increase by 100 basis points, subject to the net weighted average coupon (WAC) after four years.