Toro European CLO 9 (Refinance) DAC: 10 June 2026

The assets securing the Refinanced Notes will consist, and the assets securing the Original Notes consist, of a portfolio of primarily Senior Secured Loans, Secured Senior Bonds, Second Lien Loans, Mezzanine Obligations, Unsecured Obligations and High Yield Bonds, managed by Chenavari Credit Partners LLP.

On 28 March 2024 (the Original Issue Date) Toro European CLO 9 DAC issued Class A Secured Floating Rate Notes due 2037, Class B Secured Floating Rate Notes due 2037, Class C Secured Deferrable Floating Rate Notes due 2037, Class D Secured Deferrable Floating Rate Notes due 2037, Class E Secured Deferrable Floating Rate Notes due 2037, Class F Secured Deferrable Floating Rate Notes due 2037 and Subordinated Notes due 2037.

On or about 8 June 2026 (the Refinancing Date) the Issuer will, subject to certain conditions, redeem the Original Class A Notes, the Original Class B Notes, the Original Class C Notes and the Original Class D Notes.

The Refinanced Notes are being offered by the Issuer through Morgan Stanley & Co International plc in its capacity as Arranger and Initial Purchaser, subject to prior sale.