Fidelity Grand Harbour CLO 2023-2 (Re-finance): 08 November 2025

The assets securing the Debt will consist of a portfolio of primarily Senior Secured Loans, Senior Secured Bonds, Second Lien Loans, Mezzanine Obligations and High Yield Bonds, and will be managed by Fidelity CLO Advisers LP.

On 22 March 2024, the Issuer issued Class X Senior Secured Floating Rate Notes due 2038, Class A Senior Secured Floating Rate Notes due 2038, entered into a Class A Senior Secured Floating Rate Delayed Draw Loan due 2038, issued Class B-1 Senior Secured Floating Rate Notes due 2038, Class B-2 Senior Secured Fixed 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.

On 5 November 2025 (the Re-issue Date) the Issuer will, subject to certain conditions, refinance the 2024 Rated Debt by issuing Class X-R Senior Secured Floating Rate Notes due 2039, Class A-R Senior Secured Floating Rate Notes due 2039, Class B-1-R Senior Secured Floating Rate Notes due 2039, Class B-2-R Senior Secured Fixed Rate Notes due 2039, Class C-R Senior Secured Deferrable Floating Rate Notes due 2039, Class D-R Senior Secured Deferrable Floating Rate Notes due 2039, Class E-R Senior Secured Deferrable Floating Rate Notes due 2039 and Class F-R Senior Secured Deferrable Floating Rate Notes due 2039.

Additionally, subject to and conditional upon the passage of an Ordinary Resolution of the holders of the Subordinated Notes, the Mandatory Exchange Subordinated Notes will be exchanged on or about the Business Day following the Issue Date for €34,500,000 of new Subordinated Notes due 2039.