Doric prices EETC; listing set for tomorrow

Doric second $630 million enhanced equipment trust certificate (EETC) for four A380s on lease to Emirates priced late last week. In an unsettled market the two tranches priced close the 2012 deal. The $462million Class A certificates priced at 5.250% with a maturity of 9.9 years, a weighted average life (WAL) of 5.7 and LTV of 50.6%. The $168 million Class B certificates priced at 6.125% with a 6.4 year maturity, WAL 3.8 and LTV of 69%. Goldman Sachs was the sole structuring agent and joint bookrunner with Morgan Stanley and Citi. Credit Agricole-CIB provider the liquidity facility, the depository