Rockford Tower Europe CLO 2023-1 DAC (Refiannce): 10 April 2025

The assets securing the Notes will consist primarily of a portfolio of Senior Loans, Senior Secured Bonds, Mezzanine Obligations and High Yield Bonds, and will be managed by Rockford Tower Capital Management LLC.

On 14 September 2023 (the Original Issue Date) Rockford Tower Europe CLO 2023-1 DAC issued Class A Senior Secured Floating Rate Notes due 2037, Class B-1 Senior Secured Floating Rate Notes due 2037, Class B-2 Senior Secured Fixed Rate Notes due 2037, Class C Senior Secured Deferrable Floating Rate Notes due 2037, Class D Senior Secured Deferrable Floating Rate Notes due 2037, Class E Senior Secured Deferrable Floating Rate Notes due 2037, Class F Senior Secured Deferrable Floating Rate Notes due 2037 and Subordinated Notes due 2037.

On or about 6 June 2025 (the re-issue Date) the Issuer will, subject to certain conditions, refinance the Notes by issuing Class A-R Senior Secured Floating Rate Notes due 2037, Class B-R Senior Secured Floating Rate Notes due 2037, Class C-R Senior Secured Deferrable Floating Rate Notes due 2037, Class D-R Senior Secured Deferrable Floating Rate Notes due 2037, Class E-R Senior Secured Deferrable Floating Rate Notes due 2037 and Class F-R Senior Secured Deferrable Floating Rate Notes due 2037.

The Subordinated Notes were issued on the Original Issue Date with a Principal Amount Outstanding of €32,500,000 and are not being offered pursuant to this Offering.

In addition, on the Issue Date, the Issuer will enter into a loan agreement pursuant to which the Class A Lender will make available to the Issuer a Senior Secured Floating Rate Loan Facility in the amount of €91,500,000. The Class A Facility will be fully drawn on the Issue Date.