Arbour CLO VII DAC (Refinance): 17 November 2024

The assets securing the Notes will consist of a portfolio of primarily Senior Loans, Secured Senior Bonds, Mezzanine Obligations and High Yield Bonds, and will be managed by Oaktree Capital Management (Europe) LLP.

On 31 January 2020 (the Original Issue Date) Arbour CLO VII issued Class A Senior Secured Floating Rate Notes due 2033, Class B-1 Senior Secured Fixed Rate Notes due 2033, Class B-2 Senior Secured Floating Rate Notes due 2033, Class C Senior Secured Deferrable Floating Rate Notes due 2033, Class D Senior Secured Deferrable Floating Rate Notes due 2033, Class E Senior Secured Deferrable Floating Rate Notes due 2033, Class F Senior Secured Deferrable Floating Rate Notes due 2033, Class M Notes due 2033 and Subordinated Notes due 2033.

On or about 15 November 2024 (the re-issue Date) the Issuer will, subject to the satisfaction of certain conditions, refinance the Original Rated Notes by issuing Class A-R Senior Secured Floating Rate Notes due 2038, Class B-R Senior Secured Floating Rate Notes due 2038, Class CR Senior Secured Deferrable Floating Rate Notes due 2038, Class D-R Senior Secured Deferrable Floating Rate Notes due 2038, Class E-R Senior Secured Deferrable Floating Rate Notes due 2038 and Class F-R Senior Secured Deferrable Floating Rate Notes due 2038.

The Subordinated Notes and the Class M Notes were issued on the Original Issue Date and are not being offered pursuant to this re-offering. However, the terms and conditions applicable to the Subordinated Notes and the Class M Notes will be amended in accordance with the Terms and Conditions of the Notes outlined in the Offering Circular.