Carlyle Global Mkt Strategies Euro CLO 2014-1 (3rd: 02 April 2025
The assets securing the Debt will consist primarily of a portfolio of Senior Obligations, Mezzanine Obligations and High Yield Bonds, and will be managed by CELF Advisors LLP.
On 26 March 2014 (the Original Issue Date) Carlyle Global Market Strategies Euro CLO 2014-1 issued Class A Senior Secured Floating Rate Notes due 2027, Class B Senior Secured 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, Class F Senior Secured Deferrable Floating Rate Notes due 2027, and Subordinated Notes due 2027.
On 17 January 2017 (the 2017 Refinancing Date) the Issuer refinanced the Original Class A Notes, the Original Class B Notes and the Original Class C Notes.
On 5 July 2018 (the 2018 Refinancing Date) the Issuer refinanced the 2017 Refinanced Notes by issuing Class A-R Senior Secured Floating Rate Notes due 2031, Class B-1-R Senior Secured Floating Rate Notes due 2031, Class B-2-R Senior Secured Fixed Rate Notes due 2031, Class B-3-R Senior Secured Floating Rate Notes due 2031, Class C-1-R Senior Secured Deferrable Floating Rate Notes due 2031, Class C-2-R Senior Secured Deferrable Floating Rate Notes due 2031, Class D-R Senior Secured Deferrable Floating Rate Notes due 2031, Class E-R Senior Secured Deferrable Floating Rate Notes due 2031 and Class F-R Senior Secured Deferrable Floating Rate Notes due 2031. The Issuer also issued additional Subordinated Notes due 2031 which, together with the Original Subordinated Notes, formed a single class of Subordinated Notes.
On 31 March 2025 (the re-issue Date) the Issuer will refinance the Notes, subject to certain conditions, by issuing Class X Senior Secured Floating Rate Notes due 2038, Class A-1 Senior Secured Floating Rate Notes due 2038, Class A-2 Senior Secured Floating Rate Notes due 2038, Class B Senior Secured Deferrable Floating Rate Notes due 2038, Class C Senior Secured Deferrable Floating Rate Notes due 2038, Class D-R-R Senior Secured Deferrable Floating Rate Notes due 2038 and Class E-R-R Senior Secured Deferrable Floating Rate Notes due 2038. The Existing Subordinated Notes will be exchanged on the Issue Date for €20,000,000 of new Subordinated Notes. The Issuer will also issue an additional €20,000,000 of Subordinated Notes due 2038, which shall form a single class of Subordinated Notes with an aggregate principal amount Outstanding of €40,000,000.
Please note, the Class A-1 Loan is not being offered and references to the Class A-1 Loan are included in the Offering for information purposes only.