BlackRock European CLO XVII DAC: 03 September 2026
The assets securing the Debt will consist of a portfolio primarily of Senior Loans, Senior Secured Bonds, Mezzanine Obligations and High Yield Bonds, managed by BlackRock Investment Management (UK) Limited.
On or about the Issue Date (2 September 2026) BlackRock European CLO XVII DAC will issue Class A Senior Secured Floating Rate Notes due 2038, Class B Senior Secured Floating Rate Notes due 2039, Class C Senior Secured Deferrable Floating Rate Notes due 2039, Class D Senior Secured Deferrable Floating Rate Notes due 2039, Class E Senior Secured Deferrable Floating Rate Notes due 2039, Class F Senior Secured Deferrable Floating Rate Notes due 2039 and Subordinated Notes due 2039.
The Notes are being offered by the Issuer through Merrill Lynch International in its capacity as sole arranger and initial purchaser.
EU & UK Risk Retention: The Retention Holder will, for so long as any Class of Notes remains outstanding, undertake to subscribe for on the Issue Date and hold, on an ongoing basis, a material net economic interest of not less than 5% of the nominal value of each Class of Notes.
US Risk Retention: The Retention Holder has informed the Issuer that it will also retain certain of the Debt in order to satisfy the US Risk Retention Rules, however there can be no assurance that the US Risk Retention Rules will apply to this transaction.