Madison Park Euro Funding XX (2nd Refinancing): 21 December 2025
The assets securing the Debt will consist primarily of a portfolio of Secured Senior Loans, Secured Senior Bonds, Second Lien Loans, Mezzanine Obligations, High Yield Bonds, Corporate Rescue Loans and Unsecured Senior Obligations, managed by UBS Asset Management Credit Investments Group (UK) Ltd.
On 26 August 2022 (the 2022 Issue Date) Madison Park Euro Funding XX issued Class A-1 Senior Secured Floating Rate Notes due 2036, Class A-2 Senior Secured Floating Rate Notes due 2036, Class B-1 Senior Secured Floating Rate Notes due 2036, Class B-2 Senior Secured Fixed Rate Notes due 2036, Class C Senior Secured Deferrable Floating Rate Notes due 2036, Class D Senior Secured Deferrable Floating Rate Notes due 2036, Class E Senior Secured Deferrable Floating Rate Notes due 2036, Class F Senior Secured Deferrable Floating Rate Notes due 2036 and Class M Subordinated Notes due 2036.
On 21 March 2024 (the 2024 Issue Date) the Issuer refinanced the 2022 Rated Debt by issuing Class A-R Senior Secured Floating Rate Notes due 2038, Class B-1-R Senior Secured Floating Rate Notes due 2038, Class B-2-R Senior Secured Fixed Rate Notes due 2038, Class C-R Senior Secured Deferrable Floating Rate Notes due 2038, Class D-R Senior Secured Deferrable Floating Rate Notes due 2038, Class E-R Senior Secured Deferrable Floating Rate Notes due 2038 and Class F-R Senior Secured Deferrable Floating Rate Notes due 2038.
On 16 December 2025 (the Re-issue Date) the Issuer will, subject to certain conditions, refinance the Rated Debt by issuing Class A-R Senior Secured Floating Rate Notes due 2039, Class B-R Senior Secured Floating 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, Class F-R Senior Secured Deferrable Floating Rate Notes due 2039 and additional Class M Subordinated Notes due 2039.
The Existing Class M Subordinated Notes were issued on the 2022 Issue Date and are not being offered pursuant to this Offering. The Additional Class M Subordinated Notes being offered and the Existing Class M Subordinated Notes issued on the 2022 Issue Date shall form a single class of Class M Subordinated Notes.