Dryden 44 Euro CLO 2015 (Reissue): 20 July 2018

The assets securing the Notes 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 (formerly known as Pramerica Investment Management Limited).

On 22 June 2016 (the Original Issue Date) Dryden 44 Euro CLO 2015 B.V. issued Class A-1 Senior Secured Floating Rate Notes due 2030, Class A-2 Senior Secured Fixed Rate Notes due 2030, Class B-1 Senior Secured Floating Rate Notes due 2030, Class B-2 Senior Secured Fixed Rate Notes due 2030, Class C Mezzanine Secured Deferrable Floating Rate Notes due 2030, Class D Mezzanine Secured Deferrable Floating Rate Notes due 2030, Class E Mezzanine Secured Deferrable Floating Rate Notes due 2030, Class F Mezzanine Secured Deferrable Floating Rate Notes due 2030 and Subordinated Notes due 2030.

On or about 16 July 2018 (the Refinancing Date), the Issuer will, subject to certain conditions, refinance the Notes by issuing €232,400,000 Class A-1 Senior Secured Floating Rate Notes due 2030, €12,300,000 Class A-2- Senior Secured Fixed Rate Notes due 2030, €17,200,000 Class B-1 Senior Secured Floating Rate Notes due 2030, €26,000,000 Class B-2 Senior Secured Fixed Rate Notes due 2030, €23,000,000 Class C Mezzanine Secured Deferrable Floating Rate Notes due 2030, €18,700,000 Class D Mezzanine Secured Deferrable Floating Rate Notes due 2030, €28,100,000 Class E Mezzanine Secured Deferrable Floating Rate Notes due 2030 and €11,800,000 Class F Mezzanine Secured Deferrable Floating Rate Notes due 2030.

Note: The Subordinated Notes were issued on the Original Issue Date and are not being offered pursuant to this new re-financing.