The document discusses the risks and characteristics of Income Notes and Senior Notes, which are leveraged investments in collateral. It highlights the potential for up to 100% loss, the impact of market changes on the value of these notes, and the conditions under which notes may be redeemed. It also covers the redemption process, the role of the Collateral Manager, and factors affecting the maturity and average life of the notes.
documents/vol00010-efta01365232-pdf.pdf
{"key_people":["Collateral Manager"],"document_type":"financial","document_subtype":"Investment Notes","reference_numbers":["DB-SDNY-0055912","SDNY_GM_00202096","EFTA01365232"]}