Carlyle Global Mkt Strategies Euro CLO 2014-3 (Ref: 07 February 2018

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 CELF Advisors LLP.

On 29 October 2014 (the Original Issue Date) Carlyle Global Market Strategies Euro CLO 2014-3 issued Class A-1A Senior Secured Floating Rate Notes due 2027, Class A-1B Senior Secured Fixed Rate Notes due 2027, Class A-2A Senior Secured Floating Rate Notes due 2027, Class A-2B Senior Secured Fixed Rate Notes due 2027, Class B Senior Secured Deferrable Floating Rate Notes due 2027, Class C Senior Secured Deferrable Floating Rate Notes due 2027, Class D Senior Secured Deferrable Floating Rate Notes due 2027, Class E Senior Secured Deferrable Floating Rate Notes due 2027 and Subordinated Notes due 2027.

On or about 31 January 2018 the Issuer will, subject to certain conditions, refinance the Refinanced Notes by issuing Class X Senior Secured Floating Rate Notes due 2032, Class A-1A-R Senior Secured Floating Rate Notes due 2032, Class A-1B-R Senior Secured Fixed Rate Notes due 2032, Class A-2A-R Senior Secured Floating Rate Notes due 2032, Class A-2B-R Senior Secured Fixed Rate Notes due 2032, Class B-R Senior Secured Deferrable Floating Rate Notes due 2032, Class C-R Senior Secured Deferrable Floating Rate Notes due 2032, Class D-R Senior Secured Deferrable Floating Rate Notes due 2032, and Class E-R Senior Secured Deferrable Floating Rate Notes due 2032. The Subordinated Notes were issued on the Original Issue Date and are not being offered pursuant to this Offering Circular.