Aqueduct European CLO 16 DAC (2nd Refinance): 23 October 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 7 May 2019 (the Original Issue Date) Aqueduct European CLO 16 DAC issued Class X Senior Secured Floating Rate Notes due 2032, Class A Senior Secured Floating Rate Notes due 2032, Class B-1 Senior Secured Floating Rate Notes due 2032, Class B-2 Senior Secured Fixed Rate Notes due 2032, Class C-1 Senior Secured Deferrable Floating Rate Notes due 2032, Class C-2 Senior Secured Deferrable Fixed Rate Notes due 2032, Class D Senior Secured Deferrable Floating Rate Notes due 2032, Class E Senior Secured Deferrable Floating Rate Notes due 2032, Class F Senior Secured Deferrable Floating Rate Notes due 2032 and Subordinated Notes due 2032.
On 20 July 2021 (the 2021 Refinancing Date) the Issuer refinanced the 2019 Notes by issuing Class A-R Senior Secured Floating Rate Notes due 2032, Class B-1-R Senior Secured Floating Rate Notes due 2032, Class B-2-R Senior Secured Fixed Rate Notes due 2032, Class C-1-R Senior Secured Deferrable Floating Rate Notes due 2032, Class C-2-R Senior Secured Deferrable Fixed Rate Notes due 2032 and Class D-R Senior Secured Deferrable Floating Rate Notes due 2032.
On 20 October 2025 (the re-issue Date) the Issuer, subject to certain conditions, will refinance in whole each Class of the 2021 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 2021 Refinancing Date and, in each case, are not being offered pursuant to this Offering.
The Original Subordinated Notes will be redeemed and such Noteholders shall purchase certain of the Subordinated Notes to be issued hereunder.