Adagio IV CLO DAC (2nd Refinance): 04 December 2025
The assets securing the Notes will consist predominantly of Secured Senior Loans, Mezzanine Obligations, Unsecured Senior Loans, Unsecured Bonds and Corporate Rescue Loans.
The Offered Notes (other than the Retention Notes) are being offered by the Issuer through J.P. Morgan Securities plc in its capacity as Placement Agent.
On 8 September 2015 (the Original Issue Date) Adagio IV CLO issued Class A-1 Senior Secured Floating Rate Notes due 2029, Class A-2 Senior Secured Fixed Rate Notes due 2029, Class B-1 Senior Secured Floating Rate Notes due 2029, Class B-2 Senior Secured Fixed Rate Notes due 2029, Class C Senior Secured Deferrable Floating Rate Notes due 2029, Class D Deferrable Mezzanine Floating Rate Notes due 2029, Class E Deferrable Junior Floating Rate Notes due 2029, Class F Deferrable Junior Floating Rate Notes due 2029 and Subordinated Notes due 2029.
On 15 April 2021 (the 2021 Refinancing Date) the Issuer refinanced the Original Notes by issuing Class X Senior Secured Floating Rate Notes due 2034, Class A Senior Secured Floating Rate Notes due 2034, Class B-1 Senior Secured Floating Rate Notes due 2034, Class B-2 Senior Secured Fixed Rate Notes due 2034, Class C Senior Secured Deferrable Floating Rate Notes due 2034, Class D Deferrable Mezzanine Floating Rate Notes due 2034, Class E Deferrable Junior Floating Rate Notes due 2034, Class F Deferrable Junior Floating Rate Notes due 2034 and Class S-2 Subordinated Notes due 2034.
On or about 2 December 2025 (the Re-issue Date) the Issuer will, subject to certain conditions, refinance the 2021 Refinanced Notes by issuing Class X-R Senior Secured Floating Rate Notes due 2038, Class A-R Senior Secured Floating Rate Notes due 2038, Class B-R Senior Secured Floating Rate Notes due 2038, Class C-R Deferrable Mezzanine Floating Rate Notes due 2038, Class D-R Deferrable Mezzanine Floating Rate Notes due 2038, Class E-R Deferrable Junior Floating Rate Notes due 2038 and Class F-R Deferrable Junior Floating Rate Notes due 2038.
The Class S-1 Subordinated Notes were issued on the Original Issue Date and the Class S-2 Subordinated Notes were issued on the 2021 Refinancing Date and are not being offered pursuant to this Offering. The Class A Loan is not being offered or placed pursuant to this Offering.