CVC Cordatus Loan Fund XVI DAC (Refinance): 02 March 2026

The assets securing the Notes will consist primarily of a portfolio of Senior Secured Loans, Senior Secured Bonds, Second Lien Loans, Mezzanine Obligations and High Yield Bonds, and will be managed by CVC Credit Partners European CLO Management LLP.

On 13 December 2019 (the Original Issue Date) CVC Cordatus Loan Fund XVI DAC issued Class X Senior Secured Floating Rate Notes due 2032, Class A-1 Senior Secured Floating Rate Notes due 2032, Class A-2 Senior Secured Fixed Rate Notes due 2032, Class B Senior Secured Floating Rate Notes due 2032, Class C-1 Senior Secured Deferrable Floating Rate Notes due 2032, Class C-2 Senior Secured Deferrable Fixed Rate Notes due 2032, Class D Senior Secured Deferrable Floating Rate Notes due 2032, Class E Senior Secured Deferrable Floating Rate Notes due 2032, Class F Senior Secured Deferrable Floating Rate Notes due 2032, M-1 Subordinated Notes due 2034 and M-2 Subordinated Notes due 2034.

On 27 February 2026 (the Re-issue Date) the Issuer will, subject to certain conditions, refinance the Outstanding Original Rated Notes by issuing Class A-R Senior Secured Floating Rate Notes due 2039, Class B-1-R Senior Secured Floating Rate Notes due 2039, Class B-2 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.

The Existing Subordinated Notes were issued on the Original Issue Date and are not being offered pursuant to this Offering.

The Refinancing Notes (other than those Refinancing Notes which are purchased from the Issuer pursuant to the Retention Note Purchase Agreement) will be offered by the Issuer through Deutsche Bank Securities Inc in its capacity as placement agent of the offering of such Refinancing Notes.