Fidelity Grand Harbour CLO 2023-1 (Refinance): 24 February 2025

The assets securing the Debt will consist primarily of a portfolio of Senior Secured Loans, Senior Secured Bonds, Second Lien Loans, Mezzanine Obligations and High Yield Bonds, and will be managed by FMR Investment Management (UK) Limited.

On 25 July 2023 (the Original Issue Date) the Issuer issued Class A Senior Secured Floating Rate Notes due 2036, Class B-1 Senior Secured Floating Rate Notes due 2036, Class B-2 Senior Secured Fixed 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 Secured Deferrable Floating Rate Notes due 2036, Class F Senior Secured Deferrable Floating Rate Notes due 2036 and Subordinated Notes due 2036.

On 18 February 2025 (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 B1-R Senior Secured Floating Rate Notes due 2038, Class B2-R Senior Secured Fixed 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 and Class F-R Senior Secured Deferrable Floating Rate Notes due 2038.

In addition, on the Issue Date, the Issuer will enter into a loan agreement pursuant to which the Class A Lenders will grant a facility in the amount of €50,000,000. The Class A Facility will be fully drawn on the Issue Date.

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