Margay CLO I DAC (Refinance): 28 December 2024

The assets securing the Debt will consist of a portfolio of primarily Senior Obligations, Mezzanine Obligations and High Yield Bonds, and will be managed by M&G Investment Management Limited.

On 21 June 2023 (the Original Issue Date) Margay CLO I issued Class A Senior Secured Floating Rate Notes due 2036, Class B Senior Secured Floating Rate Notes due 2036, Class C Senior Secured Deferrable Floating Rate Notes due 2036, Class D Senior Secured Deferrable Floating Rate Notes due 2036, Class E Senior Secured Deferrable Floating Rate Notes due 2036 and Subordinated Notes due 2036. They also entered into a loan agreement pursuant to which the original Class A Lender thereunder made available to the Issuer a senior secured floating rate loan facility in the amount of €70,000,000, which was fully drawn on the Original Issue Date.

On 23 December 2024 (the re-issue Date) the Issuer will, subject to certain conditions, refinance in whole each Class of the Notes by issuing Class A Senior Secured Floating Rate Notes due 2038, Class B Senior Secured Floating Rate Notes due 2038, Class C Senior Secured Deferrable Floating Rate Notes due 2038, Class D Senior Secured Deferrable Floating Rate Notes due 2038, Class E Senior Secured Deferrable Floating Rate Notes due 2038 and Class F Senior Secured Deferrable Floating Rate Notes due 2038.

In addition, on the Issue Date the Issuer will repay in full the Original Class A Loan, subject to certain conditions, and will make available to the Issuer a senior secured floating rate loan facility in an aggregate amount of €90,000,000 (the Class A-1 Facility) and a loan agreement (the Class A-2 Loan Agreement) pursuant to which the Class A-2 Lenders will make available to the Issuer a senior secured floating rate loan facility in an aggregate amount of €70,000,000.

The Subordinated Notes were issued on the Original Issue Date and are not being offered pursuant to this Offering.