Arini European CLO I DAC (Refinance): 22 August 2025

The assets securing the Debt will primarily consist of a portfolio of Secured Senior Loans, Secured Senior Bonds, Unsecured Senior Obligations, Mezzanine Obligations, Second Lien Loans, Corporate Rescue Loans and High Yield Bonds, and will be managed by Arini Loan Management US LLC – European Management Series.

On 15 December 2023 (the Original Issue Date) Arini European CLO I issued the Class A Senior Secured Floating Rate Notes due 2036, Class B Senior Secured Floating Rate Notes due 2036, Class C Senior Secured Deferrable Floating Rate Notes due 2036, Class D Senior Secured Deferrable Floating Rate Notes due 2036, Class E Senior Secured Deferrable Floating Rate Notes due 2036, Class F Senior Secured Deferrable Floating Rate Notes due 2036 and Subordinated Notes due 2036.

On or about 20 August 2025 (the Re-issue Date) the Issuer will, subject to certain conditions, refinance in whole the 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 A Loan is not being offered herein and references to the Class A Loan are included in the Offering Circular for information purposes only.

The Subordinated Notes were issued on the Original Issue Date and are not being offered pursuant to this Offering.