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Madison Park Euro Funding XIX: 04 July 2023

The assets securing the Notes will consist primarily of a portfolio of Secured Senior Loans, Secured Senior Bonds, Second Lien Loans, Mezzanine Obligations, High Yield Bonds, Corporate Rescue Loans and Unsecured Senior Obligations managed by the Portfolio Manager, Credit Suisse Asset Management Limited.

Eligibility criteria (includes): it is a Secured Senior Loan, a Secured Senior Bond, a Corporate Rescue Loan, an Unsecured Senior Obligation, a Mezzanine Obligation, a Second Lien Loan, a High Yield Bond, a Bridge Loan or a PIK Security (in each case, which is not a Participation of a Participation); it is not a Defaulted Obligation (other than in the case of an obligation which is Uptier Priming Debt, Exchanged Obligation or a Distressed Exchange Obligation); it is not a Structured Finance Security, letter of credit or a Synthetic Security; it is not a Zero Coupon Security; other than in the case of a Corporate Rescue Loan or Uptier Priming Debt, it has a Fitch Rating of not lower than “CCC-”; other than in the case of a Corporate Rescue Loan or Uptier Priming Debt, it has an S&P Rating of not lower than “CCC-”; it is an obligation of an Obligor or Obligors Domiciled in a Qualifying Country (as determined by the Portfolio Manager acting on behalf of the Issuer).

The Issuer anticipates that, by the Issue Date, it will have purchased or committed to purchase Collateral Debt Obligations, the Aggregate Principal Balance of which is equal to at least €380mln which is approximately 95.0% of the Target Par Amount.

EU Risk Retention: The Portfolio Manager (CSAM) shall act as Retention Holder for the purposes of the Retention Requirements and will hold, and continue to hold (as applicable) and retain on an ongoing basis, a material net economic interest in the form specified in Article 6(3)(a) of the Securitisation Regulations and in accordance with the Retention Requirements as in force on the Issue Date, not less than 5% of the nominal value of each of the tranches sold or transferred to the investors.

US Risk Retention: Neither the Portfolio Manager nor any other party to the transaction intends to retain a risk retention interest contemplated by the US Risk Retention Regulations.