Madison Park Euro Funding VIII Refinancing : 10 December 2019

On 29 December 2016 (the Original Issue Date), Madison Park Euro Funding VIII DAC issued Class A-1 Senior Secured Floating Rate Notes due 2030, Class A-2 Senior Secured Fixed Rate Notes due 2030, Class B-1 Senior Secured Floating Rate Notes due 2030, Class B-2 Senior Secured Fixed Rate Notes due 2030, Class C Senior Secured Deferrable Floating Rate Notes due 2030, Class D Senior Secured Deferrable Floating Rate Notes due 2030, Class E Senior Secured Deferrable Floating Rate Notes due 2030 and Class F Senior Secured Deferrable Floating Rate Notes due 2030. The Issuer also issued Class M Subordinated Notes due 2030, the terms of which are amended in this refinancing, including by an extension of their Maturity Date to 15 April 2032.

On or about 10 December 2019 (the re-issue date) the Issuer will, subject to the satisfaction of certain conditions, refinance in whole each of the Original Class A-1 Notes, the Original Class A-2 Notes, the Original Class B-1 Notes, the Original Class B-2 Notes, the Original Class C Notes, the Original Class D Notes, the Original Class E Notes and the Original Class F Notes.

The original notes will be redeemed in full on the Issue Date from the proceeds of the issue of the Refinancing Notes.