Voya Euro CLO II: 27 June 2019

The assets securing the notes will consist of a portfolio of primarily Senior Loans, Senior Secured Bonds, Mezzanine Obligations and High Yield Bonds, and will be managed by Voya Alternative Asset Management LLC.

The Collateral Manager is an indirect wholly-owned subsidiary of Voya Financial Inc, a publicly held U.S. corporation. Voya Financial Inc. is a leading provider of financial products and services in the U.S., including retirement, investment and insurance. Voya Investment Management provides investment advisory services to a wide range of customers, including CLO issuers, mutual funds, insurance companies, pension plans and individuals. As of 31 December 2018, Voya Investment Management had approximately $205 billion in total assets under management across all portfolios and strategies.

Eligibility criteria (includes): it is a Senior Secured Loan, a Senior Secured Bond, an Unsecured Senior Loan, a Mezzanine Obligation, a Second Lien Loan, a Corporate Rescue Loan, or a High Yield Bond; it is not a Defaulted Obligation, a Credit Impaired Obligation, a Deferring Security or a Step-Up Coupon Security; it is not a lease; it is not a Structured Finance Security, letter of credit or a Synthetic Security; it is not a Zero Coupon Security; other than in the case of a Corporate Rescue Loan, it has an S&P Rating of not lower than "CCC-" and a Moody's Rating of not lower than "Caa3"; it is an obligation of an Obligor who is Domiciled in a jurisdiction the Moody's local currency country risk ceiling of which is "A3" or above; it is not a Project Finance Loan; it has a minimum purchase price of 60.0%.

The Issuer anticipates that by the Issue Date it, or the Collateral Manager on its behalf, will have purchased or committed to purchase Collateral Debt Obligations the Aggregate Principal Balance of which is equal to at least €360mln, which is approximately 90.0% of the Target Par Amount.

The notes are being offered by the issuer through Citigroup Global Markets Limited in its capacity as initial purchaser of the offering of such notes.


CRR 405: Voya Alternative Asset Management LLC shall act as Retention Holder for the purposes of the EU Risk Retention Requirements and will undertake that, on the Issue Date, it will acquire and hold on an ongoing basis, for so long as any Class of Notes remains outstanding, a material net economic interest of not less than 5% of the nominal value of each Class of Notes then outstanding for the purposes of satisfying the EU Retention Requirements (as in force on the Issue Date).

U.S. Risk Retention: As at the date of the Prospectus, the U.S. Risk Retention Rules are believed not to apply to this transaction.