Legal maturity: February 2010
Issue price: 100.00
Class A notes: ¥10.45bn
Rating: Aaa/AAA
Expected maturity: February 2007
Average life: 2.5 years
Coupon: three month Libor plus 45bp
Class B notes: ¥1.7bn
Rating: Aa2/AA
Expected maturity: June 2007
Average life: 4.1 years
Coupon: three month Libor plus 65bp
Class C notes: ¥1.6bn
Rating: A2/A
Expected maturity: December 2008
Average life: 4.5 years
Coupon: three month Libor plus 100bp
Class D notes: ¥1.3bn
Rating: Baa1/BBB+
Expected maturity: February 2008
Average life: 4.9 years
Coupon: three month Libor plus 155bp
Class X notes: ¥15.05bn (notional amount)
Rating: Aaa/AAA
Launched: Wednesday February 25
Lead mgr: Morgan Stanley Japan
Secured on: A loan originated by Morgan Stanley Japan and secured on a portfolio of 25 residential properties
