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sd-10-EFTA01370431Dept. of JusticeOther

EFTA Document EFTA01370431

Experienced Team Supported by Operational, Reporting and Governance Structure Thorough Investment Procedures Enhanced Controls and Compliance Robust Operational Structure • 7 dedicated investment professionals with complimentary skill sets allow for thorough analysis of each investment and ongoing monitoring • Analysis focused on industry dynamics, competitive position, predictability of cash flow, debt service coverage and leverage ratios, and equity cushion • All investments

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Dept. of Justice
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sd-10-EFTA01370431
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Experienced Team Supported by Operational, Reporting and Governance Structure Thorough Investment Procedures Enhanced Controls and Compliance Robust Operational Structure • 7 dedicated investment professionals with complimentary skill sets allow for thorough analysis of each investment and ongoing monitoring • Analysis focused on industry dynamics, competitive position, predictability of cash flow, debt service coverage and leverage ratios, and equity cushion • All investments

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EFTA Disclosure
Text extracted via OCR from the original document. May contain errors from the scanning process.
Experienced Team Supported by Operational, Reporting and Governance Structure Thorough Investment Procedures Enhanced Controls and Compliance Robust Operational Structure 7 dedicated investment professionals with complimentary skill sets allow for thorough analysis of each investment and ongoing monitoring Analysis focused on industry dynamics, competitive position, predictability of cash flow, debt service coverage and leverage ratios, and equity cushion All investments and dispositions must be approved on a unanimous basis by 9 member Investment Committee A lead and back-up analyst are responsible for the ongoing monitoring of each credit Hypothetical trade tests are performed by the investment team and Loan Information Agent (US Bank middle office), prior to any investments or dispositions Indenture covenant compliance is tracked by investment team, FAO', Loan Information Agent, and Trustee (US Bank) Trade, payment and monthly reports are produced by the Trustee and reviewed by the investment team and FAO Ernst & Young serves as the Recalculation Agent to ensure that all covenant ratios are calculated accurately Daily and ongoing communication between investment team, FAO, Loan Information Agent and Trustee Investment team, FAO, and US Bank have multiple redundancies with strong working knowledge of RIN Daily reconciliation of positions and cash balances between investment team, Loan Information Agent and Trustee Quarterly payment waterfall tie-out between investment team, FAO, Loan Information Agent and Trustee Loan Information Agent utilizes CDO Suite to track RIN portfolio Integrated Integrated data feeds from Bloomberg, Mandl, rating agencies, and third party pricing providers Technology Well established trading platform and settlement process in line with LSTA standards Suite 24/7 technology support professionals mitigate business disruption risk Tested business continuity plan in place whereby employees have remote access to necessary systems (1) Fund Administration Oversight. Deutsche Asset Management Infrastructure Debt Presentation: RIN II Equity March 2018 10 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0063228 CONFIDENTIAL SDNY_GM_00209412 EFTA01370431

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