Fidelity Grand Harbour CLO 2019-1 (Re-finance): 02 January 2025

The assets securing the Notes will consist primarily of a portfolio of Senior Secured Loans, Senior Secured Bonds, Second Lien Loans, Mezzanine Obligations and High Yield Bonds managed by (i) prior to the Issue Date, MeDirect Bank (Malta) PLC (ii) from and including the Issue Date to but excluding the Completion Date, FIL Investments International and (iii) from and including the Completion Date, FMR Investment Management (UK) Limited.

On 22 August 2019 (the Original Issue Date) the Issuer issued Class A Senior Secured Floating Rate Notes due 2032, Class B-1 Senior Secured Floating Rate Notes due 2032, Class B-2 Senior Secured Fixed Rate Notes due 2032, Class C Senior Secured Deferrable Floating Rate Notes due 2032, Class D Senior Secured Deferrable Floating Rate Notes due 2032, Class E Senior Secured Deferrable Floating Rate Notes due 2032, Class F Senior Secured Deferrable Floating Rate Notes due 2032 and Subordinated Notes due 2032.

On 30 December 2024 (the re-issue Date) the Issuer will, subject to certain conditions, refinance the Notes by issuing Class A-R Senior Secured Floating Rate Notes due 2038, Class B-R Senior Secured Floating Rate Notes due 2038, Class C-R 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, Class F-R Senior Secured Deferrable Floating Rate Notes due 2038 and additional Subordinated Notes due 2038.

The Existing Subordinated Notes were issued on the Original Issue Date with a principal amount outstanding of €35,710,000 and are not being offered pursuant to this Offering. The Additional Subordinated Notes being offered pursuant to this Offering and the Existing Subordinated Notes issued on the Original Issue Date shall together form a single class of Subordinated Notes.