Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / capital-structure-alternatives-memo.docx
capital-structure-alternatives-memo.docx
Parties
Quorum Premium Finance LLC
Quorum Insurance Holdings Corp
Ridgeline Capital Markets LLC
Brindoval Ratings Inc
Pinnacle Rating Services LLC
Overview Quorum Insurance Holdings Corp
Quorum Receivables Holding LLC
Fortbridge Corporate Services LLC
Dates
July 14, 2022
December 31, 2021
June 28, 2022
June 30, 2022
June 15, 2022
July 18, 2022
Amounts
$500,000,000
$485,000,000
$15,000,000
$3.8
$2.1
$440,000,000
$60,000,000
$10,000,000
$25,000,000
$35,000,000
Obligations
Issuance Size and Term: • Total issuance size: $500,000,000 • Revolving period: 24 months from the closing date • Amortization period: 12 months following the end of the revolving period • Legal final maturity: 42 months from the closing date • Payment waterfall: Sequential (all alternatives employ a sequential, rather than pro rata, principal payment structure) Eligible Receivables Criteria: Each receivable included in the initial pool or added to the pool during the revolving period must satisfy the following eligibility criteria: (a) originated by QPF in the ordinary course of its business; (b) denominated in U
The Offering Memorandum must address three classes of securities with separate risk factor discussions for each, and three separate CUSIP allocations are required