Arcano Euro CLO I DAC: 27 April 2025

The assets securing the Notes will consist of a portfolio primarily of Senior Loans, Senior Secured Bonds, Mezzanine Obligations and High Yield Bonds, and will be managed by Arcano Loan Advisors SL and Arcano Capital SGIIC SA.

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 (i) a Structured Finance Security or (ii) a Synthetic Security; it is not a Zero Coupon Security; other than in the case of a Corporate Rescue Loan or Uptier Priming Debt (which shall have a rating as determined by the definition of “S&P Rating” and “Fitch Rating” as applicable) it is an obligation which has (i) a S&P Rating of “CCC-” or higher and (ii) a Fitch Rating of “CCC-” or higher; it has not been called for, and is not subject to, a pending redemption; it is not an Equity Security, including any obligation convertible into an Equity Security.

The Issuer anticipates that by the Issue Date it, or the Collateral Manager on its behalf, will have purchased or committed to purchase Collateral Obligations the Aggregate Principal Balance of which is equal to at least €431mln, which is approximately 95.00% of the Target Par Amount.

The Notes are being offered by the Issuer through Jefferies GmbH in its capacity as an arranger and Jefferies International Limited in its capacity as placement agent of the offering of such Notes subject to prior sale.

EU Risk Retention: Arcano Loan Funding Limited will be a party to the Risk Retention Letter pursuant to which the Retention Holder will undertake, amongst other things, to subscribe for on the Issue Date and retain, in its capacity as originator, certain of the Subordinated Notes in connection with the Retention Requirements.

US Risk Retention: The Retention Holder will also retain certain of the Subordinated Notes in order to satisfy the US Risk Retention Rules.