RRE 12 Loan Management DAC (Refinancing): 28 June 2024

The assets securing the Refinanced Notes will consist of a portfolio of primarily Senior Loans, Secured Senior Bonds, Mezzanine Obligations, Second Lien Loans and High Yield Bonds, and will be managed by Redding Ridge Asset Management (UK) LLP.

On 23 June 2022 (the original Issue Date) RRE 12 Loan Management issued Class A-1 Senior Secured Floating Rate Notes due 2037, Class A-2A Senior Secured Floating Rate Notes due 2037, Class A-2B Senior Secured Fixed Rate Notes due 2037, Class B Senior Secured Deferrable Floating Rate Notes due 2037, Class C-1 Senior Secured Deferrable Floating Rate Notes due 2037, Class C-2 Senior Secured Deferrable Floating Rate Notes due 2037, Class D Senior Secured Deferrable Floating Rate Notes due 2037, Performance Notes due 2122 and Subordinated Notes due 2122.

On or about 24 June 2024 (the 2024 Refinancing Date) the Issuer will refinance the Original Class B Notes, by issuing Class B-R Senior Secured Deferrable Floating Rate Notes due 2037, the Original Class C-1 Notes by issuing Class C-1-R Senior Secured Deferrable Floating Rate Notes due 2037, the Original Class C-2 Notes by issuing Class C-2-R Senior Secured Deferrable Floating Rate Notes due 2037, and the Original Class D Notes by issuing Class D-R Senior Secured Deferrable Floating Rate Notes due 2037.

The Refinanced Notes are being offered by the Issuer through Deutsche Bank in its capacity as arranger and initial purchaser subject to prior sale.

EU & UK Risk Retention: The Retention Holder (Redding Ridge Asset Management (UK) LLP) will undertake that it will continue to retain the Retention Notes.

US Risk Retention: The Collateral Manager will not retain the Minimum Risk Retention Requirement pursuant to the US Risk Retention Rules.