Nassau Euro CLO I DAC (Refinance): 29 June 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 Nassau Global Credit (UK) LLP.

On 22 December 2021 (the Original Issue Date) Nassau Euro CLO I issued Class A Senior Secured Floating Rate Notes due 2034, Class B-1 Senior Secured Floating Rate Notes due 2034, Class B-2 Senior Secured Fixed Rate Notes due 2034, Class C Senior Secured Deferrable Floating Rate Notes due 2034, Class D Senior Secured Deferrable Floating Rate Notes due 2034, Class E Senior Secured Deferrable Floating Rate Notes due 2034, Class F Senior Secured Deferrable Floating Rate Notes due 2034 and Subordinated Notes due 2034.

On or about 25 June 2026 (the Re-issue Date) the Issuer will, subject to certain conditions, issue Class X Senior Secured Floating Rate Notes due 2040, Class A-1-R Senior Secured Floating Rate Notes due 2040, Class A-2-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, Class F-R Senior Secured Deferrable Floating Rate Notes due 2040, and additional Subordinated Notes due 2040 which, together with the Existing Subordinated Notes, shall be consolidated with and form a single class of Subordinated Notes.

The Offered Notes are being offered by the Issuer through Barclays Bank PLC in its capacity as arranger and initial purchaser of the offering of such Offered Notes subject to prior sale.