Short Term NotesYieldstreet

Short Term Note XLII

Annualized yield3

Final term3

6 months

Per the amended marketing rules adopted by the SEC, some investment details can only be shown to certain logged-in members.
Status

Fully repaid

Recently funded

Accepting $500 - $50,000 investments

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Accepting $500 - $50,000 investments

Overview

Invest in a short-term product that aims to accommodate investor liquidity needs while also helping to support the growth of future investment opportunities on the Yieldstreet platform. Since May 2019, Yieldstreet has been prefunding future offerings with the Short Term Notes program before they are launched and sold on the platform. To date, over $249M has been funded through this program across 42 offerings, with 33 repaid in full at maturity. All outstanding notes continue to perform in line with expectations.

Yieldstreet investors are scheduled to receive interest payments on a monthly basis at a target annualized target interest rate of 4% over the course of 6 months.

Highlights

Liquidity
No fees
Yieldstreet track record
Yieldstreet first-loss position
  • The Short Term Notes Series aims to accommodate investor liquidity needs with terms less than six months and target yields typically above money markets and CDs*.

  • Yieldstreet does not charge any fees on this investment.

  • Yieldstreet offerings are typically launched on the platform within 30 days of being pre-funded. To date, Yieldstreet has prefunded and launched over $2B in offerings.

  • Yieldstreet purchases 5% of the aggregate notes issued in the series in a first-loss position providing a buffer to all other investors in the event of any realized loss.

Essentials

Please refer to the Private Placement Memorandum and the Series Note Supplement for more details about this offering.

Capital structure

Where does an investor lie in terms of priority?

The notes are secured by underlying investments that have been pre-funded by the program. The underlying investments may include but are not limited to positions across the capital structure, including debt and equity across all asset classes offered on Yieldstreet. Yieldstreet holds the first-loss position in every series offered on the platform. Yieldstreet purchases 5% of the aggregate notes issued in the series in a first-loss position providing a buffer to all other investors in the event of any realized loss.

In certain cases, Yieldstreet may utilize senior leverage facilities when funding an offering. In these cases, the notes would have a subordinated interest in the underlying collateral.

Cash flow

How do I get paid?

The notes have a term of 6 months. Yieldstreet investors can expect to receive monthly interest payments at a fixed target net annualized yield of 4% on their full investment amount. Principal is expected to be repaid at maturity.

Assets

What is the collateral underlying the transaction?

Yieldstreet will primarily utilize the proceeds of the notes at its discretion to fund upcoming offerings in any industry. The underlying investments may include, but are not limited to, loans, leases, real estate interests, receivables, or participation interests. Investors will be able to track their Short Term Note investment progress and interest payments in their portfolio, but specific information regarding the offerings prefunded using note proceeds will not be shared.

The program is secured by the investments that have been pre-funded and all funds raised are used exclusively for pre-funding.

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  • Returns & management fees

    Management fee

    0.0%

    Target net yield

    4%

  • Schedule

    Payment schedule

    Monthly interest

    Interest type

    30/360

    Term

    Date

    Target term

    July 3, 2022

  • Structure

    Tax document

    1099-INT

    Offering structure

    Short Term Note

    Expenses

    First year expense

    $0

    Annual flat expense

    $0

Docs

This offering page describes only certain aspects of the offering ("Offering") of the securities issued by YS ST NOTES LLC ("Issuer"). The Offering is made only by means of the Private Placement Memorandum dated August 16, 2022 and the Series Note Supplement relating to the Offering (collectively, the "Offering Documents"). The information on this offering page is a summary of the Offering, does not purport to be complete and should not be considered a part of the Offering Documents, or as incorporated in the Offering Documents by reference or as forming the basis of the Offering. No person has been authorized to give any information or to make any representations other than those contained in the Offering Documents or in any marketing or sales literature issued by the Issuer or Yieldstreet Management, LLC, as adviser thereto, and referred to in the Offering Documents, and, if given or made, such information or representations must not be relied upon. All investors must read the Offering Documents in their entirety prior to investing in the securities.

*Short Terms Notes involve different risk and liquidity profiles than money markets and CDs. Please review the Short Term Notes Offering Documents for complete details.