Titan Europe 2007-1 (NHP) Limited - Irish Stock Exchange

Titan Europe 2007-1 (NHP) Limited Collateral and Structural Term Sheet 1 st May 2007
I. Transaction Offering
Class
Expected
Ratings
(S&P / Moody’s /
Fitch)
Initial Note
Principal
Balance Interest Rate (1) Assumed
Weighted
Average
Life (2)
Principal
Window (2)
Assumed
Final Payment
Date (2)
Legal Final
Maturity Date
A AAA/Aaa/- £435,850,000 3M LIBOR + 25 bps 1.7 years 01/09-01/09 January 2009 January 2017
X AAA/-/- £50,000 - (3) 0.3 years 07/07-01/09 January 2009 January 2017
B AAA/-/AA £42,150,000 3M LIBOR + 35 bps 1.7 years 01/09-01/09 January 2009 January 2017
C AA+/-/A £42,000,000 3M LIBOR + 50 bps 1.7 years 01/09-01/09 January 2009 January 2017
D AA/-/A £58,000,000 3M LIBOR + 60 bps 1.7 years 01/09-01/09 January 2009 January 2017
E A/-/BBB £60,000,000 3M LIBOR + 90 bps 1.7 years 01/09-01/09 January 2009 January 2017
V NR/NR/NR £50,000 - (4) 0.3 years 07/07-01/09 January 2009 January 2017
(1) The Notes, other than the Class X Notes and the Class V Notes, will bear interest at 3-month LIBOR plus the margin specified above. The Class X Notes and the
Class V Notes will bear interest at a variable rate of interest, which initially, will be the rates set forth under Condition 5(c)(ii) under “Terms and Conditions of the
Notes” as set out in the Offering Circular.
(2) The “Weighted Average Life” of the period during which distributions of principal would be received on the Notes and the Assumed Final Payment Date of the Notes,
as set out in the Offering Circular are based upon assumptions that there are no prepayments, no defaults, losses, or delinquencies, no accelerations or extensions
of the maturity of the Libra Whole Loan or the Notes, and the Libra Loan is repaid in accordance with the modelling assumptions as set out in the Offering Circular.
(3) The Class X Notes will bear interest at a variable rate generally equal to the excess of the net mortgage rate of the Libra Loan over the weighted average of the rates
of interest of the Classes A through E.
(4) The Class V Notes will entitle the holders thereof to the Class V Amount not otherwise payable to the other classes of Notes. The Class V Notes are paid solely from
amounts standing to the credit of the Class V Account and therefore do not rank against any other classes of Notes with respect to any amounts distributable from
the Collection Account to such classes.
NEITHER THIS DOCUMENT NOR ANY COPY HEREOF MAY BE SENT OR TAKEN OR TRANSMITTED INTO THE UNITED STATES OR CANADA OR DISTRIBUTED, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES OR CANADA OR TO ANY U.S.
PERSON (WITHIN THE MEANING OF REGULATION S UNDER THE US SECURITIES ACT OF 1933, AS AMENDED) OR CANADIAN PERSON EXCEPT TO A LIMITED NUMBER OF QUALIFIED INSTITUTIONAL BUYERS AS DEFINED IN RULE 144A UNDER
THE U.S. SECURITIES ACT OF 1933, AS AMENDED. THIS DOCUMENT IS BEING FURNISHED TO YOU SOLELY FOR YOUR INFORMATION, IS CONFIDENTIAL TO CLIENTS OF CREDIT SUISSE, AND MAY NOT BE REPRODUCED OR REDISTRIBUTED
TO ANY OTHER PERSON. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS. THIS DOCUMENT DOES NOT CONSTITUTE AN OFFER TO SELL, OR A SOLICITATION OF AN OFFER TO
PURCHASE, ANY SECURITIES. ANY SUCH OFFER OF SECURITIES WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS OR OFFERING CIRCULAR PREPARED BY THE ISSUER, WHICH COULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED HEREIN, AND TO WHICH THE PROSPECTIVE PURCHASERS ARE REFERRED. IN THE EVENT OF ANY SUCH OFFERING, THIS INFORMATION SHALL BE DEEMED SUPERSEDED, AMENDED AND SUPPLEMENTED IN ITS ENTIRETY BY
SUCH PROSPECTUS OR OFFERING CIRCULAR.
Page 2