Aqueduct European CLO 13 DAC 2022 (2nd Refinance): 12 April 2025
The assets securing the Notes will consist of a portfolio of primarily Senior Obligations, Mezzanine Obligations and High Yield Bonds, and will be managed by HPS Investment Partners CLO (UK) LLP.
On 14 July 2017 (the Original Issue Date) Aqueduct European CLO 13 (formerly Segovia European CLO 3-2017) issued 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.
On 4 March 2022 (the 2022 Refinancing Date) the Issuer refinanced the 2017 Notes by issuing Class A Senior Secured Floating Rate Notes due 2035, Class B-1 Senior Secured Floating Rate Notes due 2035, Class B-2 Senior Secured Fixed Rate Notes due 2035, Class C Senior Secured Deferrable Floating Rate Notes due 2035, Class D Senior Secured Deferrable Floating Rate Notes due 2035, Class E Senior Secured Deferrable Floating Rate Notes due 2035, Class F Senior Secured Deferrable Floating Rate Notes due 2035, Class Z-1 Notes due 2035, Class Z-2 Notes due 2035 and Additional Subordinated Notes due 2035.
On 11 April 2025 (the re-issue Date) the Issuer will, subject to certain conditions, refinance in whole each Class of the 2022 Notes by issuing Class A Senior Secured Floating Rate Notes due 2038, Class B Senior Secured Floating Rate Notes due 2038, Class C Senior Secured Deferrable Floating Rate Notes due 2038, Class D Senior Secured Deferrable Floating Rate Notes due 2038, Class E Senior Secured Deferrable Floating Rate Notes due 2038 and Class F Senior Secured Deferrable Floating Rate Notes due 2038.
The Class Z-1 Notes, the Class Z-2 Notes and the Class Z-3 Notes were issued on the 2022 Refinancing Date and, in each case, are not being offered pursuant to this Offering.
The Subordinated Notes comprise (i) the Original Subordinated Notes which were issued on the Original Issue Date with a principal amount outstanding of €37,200,000 and (ii) the Additional Subordinated Notes which were issued on the 2022 Refinancing Date with a principal amount outstanding of €18,500,000 and, in each case, are not being offered pursuant to this Offering.