Vendome Funding CLO 2020-1 DAC (2nd Refinance): 24 January 2026
The assets securing the Notes will consist primarily of a portfolio of Senior Obligations, Mezzanine Obligations and High Yield Bonds, and will be managed by Carlyle CLO Management Europe LLC.
On 7 July 2020 (the Original Issue Date) Vendome Funding CLO 2020-1 DAC issued Class A Senior Secured Floating Rate Notes due 2031, Class B-1 Senior Secured Floating Rate Notes due 2031, Class B-2 Senior Secured Fixed Rate Notes due 2031, Class C Deferrable Mezzanine Floating Rate Notes due 2031, Class D Deferrable Mezzanine Floating Rate Notes due 2031, Class E Deferrable Junior Floating Rate Notes due 2031 and Subordinated Notes due 2031.
On 20 July 2021 (the 2021 Refinancing Date) the Issuer refinanced the Original Rated Notes by issuing Class A-1 Senior Secured Floating Rate Notes due 2034, Class A-2 Senior Secured Floating Rate Notes due 2034, Class B Senior Secured Floating Rate Notes due 2034, Class C Deferrable Mezzanine Floating Rate Notes due 2034, Class D Deferrable Mezzanine Floating Rate Notes due 2034, Class E Deferrable Junior Floating Rate Notes 2034 and Class F Deferrable Junior Floating Rate Notes due 2034. In addition, the terms of the original Subordinated Notes were also amended, including an extension of their maturity date to 20 July 2034.
On 20 January 2026 (the Re-issue Date) the Issuer will refinance the Rated Notes by issuing Class X Senior Secured Floating Rate Notes due 2040, Class A-R Senior Secured Floating Rate Notes due 2040, Class B-R Senior Secured Floating Rate Notes due 2040, Class C-R Senior Secured Deferrable Floating Rate Notes due 2040, Class D-R Senior Secured Deferrable Floating Rate Notes due 2040, Class E-R Senior Secured Deferrable Floating Rate Notes due 2040 and Class F-R Senior Secured Deferrable Floating Rate Notes due 2040.
The Original Subordinated Notes issued on the Original Issue Date are not being offered pursuant to this offering.
The Notes are being offered by the Issuer through JP Morgan Securities plc in its capacity as placement agent of the offering.