Accunia European CLO I (Refinancing): 23 May 2019

The assets securing the Notes will consist of a portfolio of primarily Senior Loans, Second Lien Loans, Secured Senior Bonds and High Yield Bonds, and will be managed by Accunia Fondsmæglerselskab A/S.

On 4 August 2016 (the Original Issue Date) Accunia European CLO I B.V issued Class A Senior Secured Floating Rate Notes due 2029, Class B Senior Secured Floating Rate Notes due 2029, Class C Senior Secured Deferrable Floating Rate Notes due 2029, Class D Senior Secured Deferrable Floating Rate Notes due 2029, Class E Senior Secured Deferrable Floating Rate Notes due 2029 and Subordinated Notes due 2029.

The Original Notes will be redeemed in full on or prior to 15 May 2019 (the re-issue Date). The Issuer will then issue Class A Senior Secured Floating 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 Senior Secured Deferrable Floating Rate Notes due 2030, Class D Senior Secured Deferrable Floating Rate Notes due 2030, Class E Senior Secured Deferrable Floating Rate Notes due 2030, Class F Senior Secured Deferrable Floating Rate Notes due 2030 and Subordinated Notes due 2030.