Dryden 39 Euro CLO 2015 - reissue: 20 October 2017

The assets securing the Refinancing Notes will consist primarily of a portfolio of Secured Senior Loans, Secured Senior Bonds, High Yield Bonds and Unsecured Senior Obligations, and will be managed by PGIM Limited.

Dryden 39 Euro CLO 2015 B.V. issued Class A-1 Senior Secured Floating Rate Notes due 2029, Class A-2 Senior Secured Fixed Rate Notes due 2029, Class B-1 Senior Secured Floating Rate Notes due 2029, Class B-2 Senior Secured Fixed Rate Notes due 2029, Class C-1 Mezzanine Secured Deferrable Floating Rate Notes due 2029, Class C-2 Mezzanine Secured Deferrable Fixed Rate Notes due 2029, Class D Mezzanine Secured Deferrable Floating Rate Notes due 2029, Class E Mezzanine Secured Deferrable Floating Rate Notes due 2029, Class F Mezzanine Secured Deferrable Floating Rate Notes due 2029 and Subordinated Notes due 2029, on 9 September 2015.

On or about 16 October 2017 (the Refinancing Date), the Issuer will redeem the Refinanced Notes from the proceeds of the issuance of Class X Senior Secured Floating Rate Notes due 2031, Class A-R Senior Secured Floating Rate Notes due 2031, Class B-1-R Senior Secured Floating Rate Notes due 2031, Class B-2-R Senior Secured Fixed Rate Notes due 2031, Class C-R Mezzanine Secured Deferrable Floating Rate Notes due 2031, Class D-R Mezzanine Secured Deferrable Floating Rate Notes due 2031, Class E-R Mezzanine Secured Deferrable Floating Rate Notes due 2031 and Class F-R Mezzanine Secured Deferrable Floating Rate Notes due 2031. The Refinanced Notes will be redeemed in full on the Refinancing Date from the proceeds of the issue of the Refinancing Notes. The Subordinated Notes will not be redeemed and will remain outstanding from and after the Refinancing Date.