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Penta CLO 7 DAC (Refinance): 13 January 2025


The assets securing the Notes will consist of a portfolio of primarily Senior Obligations, Mezzanine Obligations and High Yield Bonds, and will be managed by Partners Group (UK) Management Ltd.

On 11 March 2020 (the Original Issue Date) the Issuer issued Class A Senior Secured Floating Rate Notes due 2033, Class B-1 Senior Secured Floating Rate Notes due 2033, Class B-2 Senior Secured Fixed 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 and Subordinated Notes due 2033.

On or about 10 January 2025 (the re-issue Date) the Issuer will, subject to the satisfaction of certain conditions, redeem the Original Rated Notes by issuing Class X-R Senior Secured Floating Rate Notes due 2039, Class A-R Senior Secured Floating Rate Notes due 2039, Class B-R Senior Secured Floating Rate Notes due 2039, Class C-R Senior Secured Deferrable Floating Rate Notes due 2039, Class D-R Senior Secured Deferrable Floating Rate Notes due 2039, Class E-R Senior Secured Deferrable Floating Rate Notes due 2039 and Class F-R Senior Secured Deferrable Floating Rate Notes due 2039. Additional Subordinated Notes will also be issued.

The Existing Subordinated Notes were issued on the Original Issue Date with a principal amount outstanding of €39.3mln and are not being offered pursuant to this Offering. The Additional Subordinated Notes being offered pursuant to this Offering and the Existing Subordinated Notes shall form a single class of Subordinated Notes.