Elm Park CLO (Refinancing): 18 April 2018

The assets securing the Refinancing Notes will consist of a portfolio of primarily Senior Obligations, Mezzanine Obligations and High Yield Bonds, and will be managed by Blackstone / GSO Debt Funds Management Europe Limited.

On 26 May 2016 (the Original Closing Date) Elm Park CLO issued the Class A-1 Senior Secured Floating Rate Notes, the Class A-2 Senior Secured Floating Rate Notes, Class B Senior Secured Deferrable Floating Rate Notes, Class C Senior Secured Deferrable Floating Rate Notes, Class D Senior Secured Deferrable Floating Rate Notes, Class E Senior Secured Deferrable Floating Rate Notes and Subordinated Notes.

On or about 16 April 2018 (the Refinancing Date), the Issuer will, subject to certain conditions, refinance the Original Class A-1 Notes, the Original Class A-2 Notes, the Original Class B Notes, the Original Class C Notes, the Original Class D Notes and the Original Class E Notes.

The Refinancing Notes are being offered by the Issuer through Barclays Bank plc in its capacity as initial purchaser of the offering of such Refinancing Notes