Fair Oaks Loan Funding V DAC (Refinance): 01 February 2026
The assets securing the Notes will consist of a portfolio of primarily Senior Loans, Senior Secured Bonds, Mezzanine Obligations and High Yield Bonds, and will be managed by Fair Oaks Capital Ltd.
On 10 May 2024 (the Original Issue Date) Fair Oaks Loan Funding V DAC issued Class X Senior Secured Floating Rate Notes due 2036, Class A 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, Class Z Notes due 2036, Subordinated Notes due 2036 and Class M Notes due 2036.
On or about 29 January 2026 (the Refinancing Date) the Issuer will, subject to certain conditions, refinance the Rated Notes by issuing Class A-R Senior Secured Floating Rate Notes due 2036, Class B-1-R Senior Secured Floating Rate Notes due 2036, Class B-2-R Senior Secured Fixed Rate Notes due 2036, Class C-R Senior Secured Deferrable Floating Rate Notes due 2036, Class D-R Senior Secured Deferrable Floating Rate Notes due 2036, Class E-R Senior Secured Deferrable Floating Rate Notes due 2036 and Class F-R Senior Secured Deferrable Floating Rate Notes due 2036.
The Original Class Z, Class M and Subordinated Notes were issued on the original issue date are not being offered pursuant to this Offering.
The Additional Class M Notes are being offered pursuant to this Offering and shall form a single class of Class M Notes with an aggregate principal amount outstanding of €2,000,000 and will be subject to the Conditions, which are set out in the relevant section of the 2024 Offering Circular.
The Refinancing Notes are being offered by the Issuer through Goldman Sachs International in its capacity as Arranger and the Placement Agent of the offering.