Fortress Credit Europe BSL 2025-2 DAC: 27 November 2025

The assets securing the Debt will consist primarily of a portfolio of Senior Obligations, Mezzanine Obligations and High Yield Bonds, managed by FCFE CM LLC.

On 19 August 2025 the Issuer will, subject to certain conditions, issue 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, Class F Senior Secured Deferrable Floating Rate Notes due 2038 and Subordinated Notes due 2038.

The Issuer anticipates that, by the Issue Date, it will have purchased or committed to purchase Collateral Obligations representing approximately 85% of the Target Par Amount. The estimated net proceeds of the issue of the Notes and the drawdown of the Class A Loan after payment of fees and expenses payable on or about the Issue Date are expected to be approximately €402,920,000.

The Notes are being offered by the Issuer through Natixis in its capacity as initial purchaser of the offering of such Notes subject to prior sale.