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sd-10-EFTA01373779Dept. of Justice

EFTA Document EFTA01373779

Financial Record

For Key Client Partners or US Institutional Investors. Not for Retail Distribution TOB Senior Certificates Overview of Risks and Considerations TOB Senior Certificate Risks Ex • lanation Risk Consideration Trigger Price Risk If the bond price decreases below required OC levels. the residual investor may de-lever or wiwind the trust DB Credit Risk Tender Option Termination Events (TOTE) Risk• TOB Senior Certificate Rate Risk TOB Senior Certificates investors take collaterali

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Dept. of Justice
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sd-10-EFTA01373779
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