CVC Cordatus Loan Fund III DAC
Collateral Manager CVC Credit Partners Group Limited Closing Date 08-May-2014
Underwriter Effective Date 10-Oct-2014
Trustee Deutsche Trustee Company Limited Next Payment Date 17-Jan-2017
Monthly Report 30 November 2016
HIGHLY CONFIDENTIAL AND TRADE SECRET
This report is prepared by Deutsche Bank AG, London Branch for information purposes only. Certain information included in this report is estimated, approximated or projected. The report is provided without any representations or warranties as to the completeness or accuracy. None of CVC Credit Partners Group Limited, CVC Cordatus Loan Fund III DAC, Deutsche Bank AG, London Branch or Deutsche Trustee Company Limited will have any liability for such estimates, approximations or projections.
Deutsche Bank - Trust & Agency Services Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Table Of Contents
Report Name Report Section
Portfolio Composition 1 Purchase and Sales 2 Loan Amortisations 3 Bond Amortisation/Prepayments 4 Notes Outstanding 5 Liquidity Facility 6 Defaulted Assets 7 Issuer Rating Changes 8 Account Balances 9 Cross Currency Swaps 10 Interest Rate Swaps 11 Discount Obligations 12 Par Coverage Test Detail 13 Interest Coverage Test Detail 14 Collateral Quality Tests 15 Concentration Limitation Tests 16 CounterParty Sub-Participation Exposure 17 Country Diversification / Obligor Count By Value 18 Assets by Moody's Industry 19 Assets by Fitch Industry 20 Rating Details 21 Unsettled Trades 22 Portfolio Market Value 23 Caa / CCC Obligations 24 Exchange Equity Obligations 25 Collateral Enhancement Obligations 26 Risk Retention Letter 27
Deutsche Bank - Trust & Agency Services Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Portfolio Composition as of 30-Nov-2016
Issuer Industry Class : Tranche Security ID Final Base Margin All In Fitch Moody's Market Fitch Moody's Original Current Current Moody's Industry Maturity Rate Interest Recovery Recovery Price Rating Rating Currency Notional Notional Date (%) Rate (%) Rate Rate Amount Amount Country Fitch Industry (CCY) (EUR)
1908 ACQUISITION B.V. Mining, Steel, Iron and Non-Precious Metals Netherlands Transportation & Distribution
FACILITY B LX139672 25-Sep-2021 0.000 400.0 4.000 73.000 40.000 99.17 Shadow Shadow EUR 6,500,000.00 6,500,000.00
AENOVA HOLDING GMBH Personal and Non-Durable Consumer Products (Manufacturing Only) Germany Pharmaceuticals
DRAGENOPHARM LX139191 29-Sep-2020 1.000 400.0 5.000 43.000 50.000 96.10 Shadow Caa1 EUR 7,000,000.00 7,000,000.00 APOTHEKER PUESCHL SECOND LIEN LX139193 15-Oct-2021 1.000 750.0 8.500 0.000 15.000 87.53 Shadow Caa1 EUR 5,000,000.00 5,000,000.00
AI AVOCADO HOLDING Electronics B.V. Netherlands Computers and Electronics
FACILITY B2 LX141580 17-Sep-2021 0.000 450.0 4.500 57.000 45.000 98.25 Shadow Shadow EUR 1,500,000.00 1,500,000.00
ALISON BIDCO SARL Home and Office Furnishings, (ALSTOM) Housewares and Durable Consumer Products Germany Industrial/Manufacturing
INITIAL EURO TERM LX137858 29-Aug-2021 1.000 425.0 5.250 47.000 50.000 99.75 Shadow Shadow EUR 2,426,263.69 2,426,263.69 B-1 LOANS INITIAL EURO TERM LX139119 29-Aug-2021 1.000 425.0 5.250 47.000 50.000 99.75 Shadow Shadow EUR 2,903,920.92 2,903,920.92 B-2 LOANS
ALL 3 MEDIA Leisure, Amusement and Entertainment - Europe United Kingdom Broadcasting and Media
GBP B FACILITY LX137655 30-Jun-2021 1.000 425.0 5.250 66.000 50.000 98.34 Shadow B3 GBP 5,500,000.00 6,836,500.00
ALLNEX (LUXEMBOURG) & Chemicals, Plastics and Rubber CY S.C.A. (MONARCH) Luxembourg Chemicals
FACILITY B1 LX152755 13-Sep-2023 0.750 425.0 5.000 79.000 45.000 101.38 Shadow B1 EUR 1,250,000.00 1,250,000.00
Deutsche Bank - Trust & Agency Services 1 - 1 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Portfolio Composition as of 30-Nov-2016
Issuer Industry Class : Tranche Security ID Final Base Margin All In Fitch Moody's Market Fitch Moody's Original Current Current Moody's Industry Maturity Rate Interest Recovery Recovery Price Rating Rating Currency Notional Notional Date (%) Rate (%) Rate Rate Amount Amount Country Fitch Industry (CCY) (EUR)
ALTICE FINANCING SA Telecommunications Luxembourg Telecommunications
ALTICE 5 1/4 XS1181246775 15-Feb-2023 0.000 0.0 5.250 79.000 15.000 104.41 Shadow B1 EUR 1,000,000.00 1,000,000.00 REFINANCING LX153089 24-Jul-2023 1.000 300.0 4.000 79.000 45.000 101.65 Shadow B1 EUR 990,025.00 990,025.00 FACILITY ALTICE LUXEMBURG SA Telecommunications Luxembourg Telecommunications
ATCNA 6 1/4 XS1117300241 15-Feb-2025 0.000 0.0 6.250 0.000 15.000 103.09 Shadow B1 EUR 3,000,000.00 3,000,000.00
ARDAGH PKG FIN/MP HD Containers, Packaging and USA Glass Ireland Packaging & Containers
ARGID 4 XS1082043388 15-Jan-2022 0.000 0.0 4.250 90.000 55.000 102.89 Shadow B2 EUR 1,500,000.00 1,500,000.00
ARROW GLOBAL FINANCE Banking United Kingdom Banking & Finance
ARRGL FLOAT XS1396892751 01-May-2023 0.000 475.0 4.750 32.000 35.000 101.54 Shadow B1 EUR 2,500,000.00 2,500,000.00 05/01/23 CORP
ARUBA INVESTMENTS INC Chemicals, Plastics and Rubber (ANGUS CHEMICAL) United States Chemicals
EUR TLB 1 LX145177 02-Feb-2022 1.000 325.0 4.250 76.000 50.000 101.38 Shadow Shadow EUR 1,975,000.00 1,975,000.00
ASA NEWCO GMBH Broadcasting and Entertainment Germany Broadcasting and Media
FACILITY C LX143857 20-Apr-2022 0.000 350.0 3.500 84.000 40.000 100.75 Shadow Ba3 EUR 1,784,924.62 1,784,924.62
AURIS LUXEMBOURG III SA Healthcare, Education and Childcare Luxembourg Healthcare
FACILITY B3 LX144975 17-Jan-2022 1.000 325.0 4.250 69.000 50.000 101.25 Shadow Shadow EUR 1,970,062.50 1,970,062.50 INCREMENTAL LX150818 17-Jan-2022 1.000 325.0 4.250 69.000 50.000 101.25 Shadow Shadow EUR 1,985,000.00 1,985,000.00 FACILITY B5
Deutsche Bank - Trust & Agency Services 1 - 2 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Portfolio Composition as of 30-Nov-2016
Issuer Industry Class : Tranche Security ID Final Base Margin All In Fitch Moody's Market Fitch Moody's Original Current Current Moody's Industry Maturity Rate Interest Recovery Recovery Price Rating Rating Currency Notional Notional Date (%) Rate (%) Rate Rate Amount Amount Country Fitch Industry (CCY) (EUR)
AVAST SOFTWARE B.V. Electronics Netherlands Computers and Electronics
INITIAL EUR TERM LX153912 30-Sep-2022 1.000 375.0 4.750 51.000 45.000 101.47 Shadow Shadow EUR 1,000,000.00 1,000,000.00 LOAN Hypo
BARING PRIVATE EQUITY Diversified/Conglomerate ASIA VI HOLDING (1) LTD Service Hong Kong Banking & Finance
INITIAL EURO TERM LX146618 26-Oct-2022 1.000 300.0 4.000 65.000 50.000 101.34 Shadow B2 EUR 2,970,007.42 2,970,007.42 LOAN 1ST LIEN
CABOT FINANCIAL Banking LUXEMBOURG II SA United Kingdom Banking & Finance
ECPG FLOAT XS1117279619 15-Nov-2021 0.000 587.5 5.875 48.000 35.000 97.05 Shadow B2 EUR 2,000,000.00 2,000,000.00
CATALENT PHARMA Diversified/Conglomerate SOLUTIONS, INC (PTS) Service United States Pharmaceuticals
EXTENDED EURO LX137091 20-May-2021 1.000 325.0 4.250 100.000 45.000 100.34 Shadow Shadow EUR 4,887,556.48 4,887,556.48 TERM LOAN CBR TEXTILES Retail Store Germany Retail (General)
TERM B3A LX155235 18-Apr-2019 0.000 550.0 5.500 55.000 40.000 83.32 Shadow Shadow EUR 212,868.34 212,868.34 TERM C3A LX155236 18-Apr-2019 0.000 550.0 5.500 55.000 40.000 83.32 Shadow Shadow EUR 227,558.63 227,558.63
CEP Banking France Banking & Finance
FACILITY B4 LX150431 30-Sep-2020 -0.374 500.0 4.626 81.000 45.000 100.70 Shadow Shadow EUR 2,933,474.95 2,933,474.95
CERAMTEC (FAENZA Diversified/Conglomerate ACQUISITION GMBH) Manufacturing Germany Industrial/Manufacturing
INITIAL EURO TERM LX132691 30-Aug-2020 0.750 300.0 3.750 68.000 60.000 101.05 Shadow B2 EUR 2,300,322.52 2,300,322.52 B-1 LOANS INITIAL EURO TERM LX131516 30-Aug-2020 0.750 300.0 3.750 68.000 60.000 101.05 Shadow B2 EUR 699,677.48 699,677.48 B-2 LOANS
Deutsche Bank - Trust & Agency Services 1 - 3 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Portfolio Composition as of 30-Nov-2016
Issuer Industry Class : Tranche Security ID Final Base Margin All In Fitch Moody's Market Fitch Moody's Original Current Current Moody's Industry Maturity Rate Interest Recovery Recovery Price Rating Rating Currency Notional Notional Date (%) Rate (%) Rate Rate Amount Amount Country Fitch Industry (CCY) (EUR)
COLOUROZ MIDCO Chemicals, Plastics and Rubber Germany Chemicals
INITIAL EURO TERM LX136884 06-Sep-2022 1.000 725.0 8.250 0.000 15.000 95.92 Shadow B2 EUR 3,000,000.00 3,000,000.00 LOAN SECOND LIEN TERM LOAN LX136879 07-Sep-2021 1.000 325.0 4.250 60.000 50.000 100.98 Shadow B2 EUR 9,286,249.99 9,286,249.99 TERM LOAN LX136879 07-Sep-2021 1.000 325.0 4.250 60.000 50.000 100.98 Shadow B2 EUR 23,750.00 23,750.00
COMPASS HOLDCO 2 Hotels, Motels, Inns and Gaming LIMITED United Kingdom Lodging and restaurants
FACILITY B LX148094 10-Nov-2022 0.404 500.0 5.404 55.000 45.000 99.32 Shadow Shadow GBP 384,905.66 544,256.60 FACILITY B LX148094 10-Nov-2022 0.383 500.0 5.383 55.000 45.000 99.32 Shadow Shadow GBP 1,615,094.34 2,283,743.40
CYAN BLUE HOLDCO 3 Hotels, Motels, Inns and Gaming LIMITED United Kingdom Gaming, Leisure & Entertainment
INITIAL TERM LOAN LX142977 19-Mar-2022 1.000 525.0 6.250 76.000 45.000 99.88 Shadow Shadow GBP 2,000,000.00 2,730,000.00
DELACHAUX (SODELHO Mining, Steel, Iron and S.A.) Non-Precious Metals France Industrial/Manufacturing
DELACHAUX S.A. LX141055 28-Oct-2021 0.000 400.0 4.000 55.000 45.000 98.69 Shadow Shadow EUR 5,232,108.83 5,232,108.83
DESARROLLOS Healthcare, Education and EMPRESARIALES PIERA Childcare SL Spain Healthcare
FACILITY B2 LX150374 28-Nov-2021 0.000 425.0 4.250 81.000 50.000 100.11 Shadow Shadow EUR 10,600,000.00 10,600,000.00 SECOND LIEN LX150595 28-Nov-2022 1.000 725.0 8.250 0.000 25.000 100.25 Shadow Shadow EUR 2,500,000.00 2,500,000.00 FACILITY DIEBOLD, INC. Electronics United States Computers and Electronics
EURO TERM B LOAN LX151921 06-Nov-2023 0.750 425.0 5.000 100.000 50.000 101.50 Shadow Ba3 EUR 2,500,000.00 2,500,000.00
Deutsche Bank - Trust & Agency Services 1 - 4 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Portfolio Composition as of 30-Nov-2016
Issuer Industry Class : Tranche Security ID Final Base Margin All In Fitch Moody's Market Fitch Moody's Original Current Current Moody's Industry Maturity Rate Interest Recovery Recovery Price Rating Rating Currency Notional Notional Date (%) Rate (%) Rate Rate Amount Amount Country Fitch Industry (CCY) (EUR)
DOUGLAS GMBH Retail Store Germany Retail (General)
Douglas Finance B.V. LX154118 13-Aug-2022 1.000 375.0 4.750 64.000 50.000 101.43 Shadow B2 EUR 278,890.95 278,890.95 Douglas GmbH LX154113 13-Aug-2022 1.000 375.0 4.750 64.000 50.000 101.43 Shadow B2 EUR 385,832.30 385,832.30 Douglas GmbH LX154001 13-Aug-2022 1.000 375.0 4.750 64.000 50.000 101.43 Shadow B2 EUR 633,192.50 633,192.50 Groupe Nocibe LX154115 13-Aug-2022 1.000 375.0 4.750 64.000 50.000 101.43 Shadow B2 EUR 439,181.22 439,181.22 France S.A.S. Nocibe France S.A.S. LX154116 13-Aug-2022 1.000 375.0 4.750 64.000 50.000 101.43 Shadow B2 EUR 97,595.83 97,595.83 Parfuemerie Douglas LX154117 13-Aug-2022 1.000 375.0 4.750 64.000 50.000 101.43 Shadow B2 EUR 503,800.74 503,800.74 GmbH Parfuemerie Douglas LX154114 13-Aug-2022 1.000 375.0 4.750 64.000 50.000 101.43 Shadow B2 EUR 661,506.46 661,506.46 International GmbH
DRY MIX SOLUTIONS Diversified/Conglomerate INVESTISSEMENTS SAS Manufacturing France Building and Materials
DRYMIX FLOAT 21 XS1076527875 15-Jun-2021 -0.302 425.0 3.948 68.000 35.000 100.39 Shadow B1 EUR 11,000,000.00 11,000,000.00
EIRCOM FINANCE Telecommunications DESIGNATED ACTIVITY COMPANY Ireland Telecommunications
EIRCMF 4 05/31/22 XS1432395785 31-May-2022 0.000 0.0 4.500 55.000 35.000 102.90 Shadow B2 EUR 625,000.00 625,000.00 CORP EIRCOM FINCO S.A.R.L. Telecommunications Luxembourg Telecommunications
FACILITY B5 LX155433 31-May-2022 0.000 400.0 4.000 60.000 45.000 100.71 Shadow B2 EUR 8,433,347.04 8,433,347.04
ELEMENT MATERIALS Diversified/Conglomerate TECHNOLOGY Service United Kingdom Aerospace & Defense
ELEMENT LX151058 22-Mar-2023 1.000 475.0 5.750 75.000 45.000 100.13 Shadow B2 EUR 3,000,000.00 3,000,000.00 MATERIALS TECH
Deutsche Bank - Trust & Agency Services 1 - 5 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Portfolio Composition as of 30-Nov-2016
Issuer Industry Class : Tranche Security ID Final Base Margin All In Fitch Moody's Market Fitch Moody's Original Current Current Moody's Industry Maturity Rate Interest Recovery Recovery Price Rating Rating Currency Notional Notional Date (%) Rate (%) Rate Rate Amount Amount Country Fitch Industry (CCY) (EUR)
FINANCIERE QUICK SAS Hotels, Motels, Inns and Gaming France Lodging and restaurants
QUICK CDCEPS XS1054086928 15-Apr-2019 -0.311 475.0 4.439 58.000 35.000 90.75 Shadow B3 EUR 4,908,676.34 4,908,676.34 FLOAT 19 QUICK CDCEPS XS1054087496 15-Oct-2019 -0.311 750.0 7.189 0.000 15.000 80.00 Shadow B3 EUR 1,870,967.47 1,870,967.47 FLOAT 19
FORMULA ONE GROUP Hotels, Motels, Inns and Gaming (Alpha Topco, Delta 2) United Kingdom Broadcasting and Media
NEW FACILITY B LX139583 30-Jul-2021 -0.302 375.0 3.448 59.000 50.000 100.00 Shadow B3 EUR 6,385,437.00 6,385,437.00 (EUR) SECOND LIEN LX139585 29-Jul-2022 1.000 675.0 7.750 59.000 15.000 100.14 Shadow B3 USD 1,000,000.00 943,529.74 FACILITY LOAN
FRESCO INVESTMENTS Utilities S.A.R.L Spain Utilities (Power)
TLB2 LX143961 30-Apr-2022 -0.301 550.0 5.199 80.000 45.000 100.50 Shadow Shadow EUR 3,275,234.20 3,275,234.20
GARDNER DENVER INC Machinery (Non-Agriculture, Non-Construction and Non-Electronic) United States Industrial/Manufacturing
INITIAL EURO TERM LX128916 30-Jul-2020 1.000 375.0 4.750 63.000 50.000 97.70 Shadow B3 EUR 2,979,591.84 2,979,591.84 LOAN
GARFUNKELUX HOLDCO 3 Banking SA Germany Banking & Finance
GFKLDE FLOAT XS1492372088 01-Oct-2021 0.000 550.0 5.500 37.000 35.000 99.72 Shadow B2 EUR 2,000,000.00 2,000,000.00 CORP GATES GLOBAL INC Automobile United States Automobiles
INITIAL EURO TERM LX137852 05-Jul-2021 1.000 325.0 4.250 63.000 50.000 100.31 Shadow B3 EUR 4,829,084.14 4,829,084.14 LOANS
Deutsche Bank - Trust & Agency Services 1 - 6 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Portfolio Composition as of 30-Nov-2016
Issuer Industry Class : Tranche Security ID Final Base Margin All In Fitch Moody's Market Fitch Moody's Original Current Current Moody's Industry Maturity Rate Interest Recovery Recovery Price Rating Rating Currency Notional Notional Date (%) Rate (%) Rate Rate Amount Amount Country Fitch Industry (CCY) (EUR)
GENESYS TELECOM Telecommunications HOLDINGS U.S., INC. United States Computers and Electronics
EURO TERM LOAN LX128288 08-Feb-2020 1.000 375.0 4.750 92.000 45.000 100.13 Shadow Shadow EUR 2,924,242.41 2,924,242.41
GUALA CLOSURES SPA Containers, Packaging and Glass Italy Packaging & Containers
GCLIM FLOAT CORP XS1516322465 15-Nov-2021 0.000 475.0 4.750 83.000 35.000 99.89 Shadow B2 EUR 1,000,000.00 1,000,000.00
IGLO FOODS MIDCO Beverage, Food and Tobacco LIMITED United Kingdom Food, Beverage, & Tobacco
FACILITY C1 LX144960 30-Jun-2020 0.000 350.0 3.500 74.000 45.000 99.90 Shadow Shadow EUR 5,860,268.48 5,860,268.48 IGBOND FLOAT XS1084586822 15-Jun-2020 -0.302 450.0 4.198 74.000 35.000 100.46 Shadow Shadow EUR 2,000,000.00 2,000,000.00
IMS HEALTH Diversified/Conglomerate INCORPORATED Service United States Healthcare
TERM B EURO LOAN LX155895 17-Mar-2021 1.000 275.0 3.750 100.000 45.000 100.46 Shadow Ba2 EUR 308,567.35 308,567.35 TERM B EURO LOAN LX155895 17-Mar-2021 1.000 275.0 3.750 100.000 45.000 100.46 Shadow Ba2 EUR 621,227.37 621,227.37 TERM B EURO LOAN LX155895 17-Mar-2021 1.000 275.0 3.750 100.000 45.000 100.46 Shadow Ba2 EUR 1,020,205.28 1,020,205.28
INEOS FINANCE PLC Chemicals, Plastics and Rubber Switzerland Chemicals
2020 EURO TERM LX144980 15-Dec-2020 1.000 300.0 4.000 70.000 50.000 100.95 Shadow Shadow EUR 5,227,391.50 5,227,391.50 LOAN 2022 EURO TERM LX143585 31-Mar-2022 1.000 325.0 4.250 70.000 50.000 100.95 Shadow Shadow EUR 2,954,983.92 2,954,983.92 LOANS INFINITAS Printing and Publishing Netherlands Broadcasting and Media
FACILITY B LX150616 03-Feb-2023 0.000 475.0 4.750 56.000 45.000 100.75 Shadow Shadow EUR 4,500,000.00 4,500,000.00
Deutsche Bank - Trust & Agency Services 1 - 7 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Portfolio Composition as of 30-Nov-2016
Issuer Industry Class : Tranche Security ID Final Base Margin All In Fitch Moody's Market Fitch Moody's Original Current Current Moody's Industry Maturity Rate Interest Recovery Recovery Price Rating Rating Currency Notional Notional Date (%) Rate (%) Rate Rate Amount Amount Country Fitch Industry (CCY) (EUR)
INFORMATICA Electronics CORPORATION (ITALIC MERGER SUB INC) United States Computers and Electronics
EURO TERM LOAN LX144873 06-Aug-2022 1.000 350.0 4.500 76.000 50.000 100.00 Shadow Shadow EUR 3,960,000.00 3,960,000.00
INOVYN FINANCE PLC Chemicals, Plastics and Rubber United Kingdom Chemicals
2021 TRANCHE B LX155799 15-May-2021 1.000 350.0 4.500 63.000 45.000 101.25 Shadow B2 EUR 997,500.00 997,500.00 EURO TERM LOAN KERLIN 6 05/15/21 XS1405784288 15-May-2021 0.000 0.0 6.250 63.000 35.000 104.66 Shadow B2 EUR 500,000.00 500,000.00 CORP INTEROUTE FINCO Electronics United Kingdom Cable
TERM LOAN HYPO 03-Nov-2023 0.000 375.0 3.750 64.000 50.000 101.49 Shadow Shadow EUR 1,000,000.00 1,000,000.00
ION TRADING Electronics TECHNOLOGIES LTD Ireland Computers and Electronics
TRANCHE B-1 EURO LX147780 11-Aug-2023 1.000 325.0 4.250 55.000 45.000 100.83 Shadow B2 EUR 4,690,000.00 4,690,000.00 TERM LOANS
KERNEOS CORPORATE Diversified/Conglomerate SAS Manufacturing France Building and Materials
KERNEOS FLOAT 21 XS1040429455 01-Mar-2021 -0.299 475.0 4.451 71.000 25.000 99.75 Shadow B1 EUR 6,000,000.00 6,000,000.00
KETER GROUP B.V Home and Office Furnishings, Housewares and Durable Consumer Products Netherlands Consumer Products
FACILITY B1 LX155222 31-Oct-2023 1.000 425.0 5.250 60.000 45.000 99.38 Shadow B2 EUR 1,000,000.00 1,000,000.00
KIWI HOLDING IV S.A.R.L Hotels, Motels, Inns and Gaming Luxembourg Gaming, Leisure & Entertainment
FACILITY B LX152521 19-May-2023 1.000 550.0 6.500 54.000 45.000 98.18 Shadow Shadow EUR 3,000,000.00 3,000,000.00
Deutsche Bank - Trust & Agency Services 1 - 8 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Portfolio Composition as of 30-Nov-2016
Issuer Industry Class : Tranche Security ID Final Base Margin All In Fitch Moody's Market Fitch Moody's Original Current Current Moody's Industry Maturity Rate Interest Recovery Recovery Price Rating Rating Currency Notional Notional Date (%) Rate (%) Rate Rate Amount Amount Country Fitch Industry (CCY) (EUR)
LECTA SA Diversified Natural Resources, Precious Metals and Minerals Luxembourg Paper & Forest Products
LECTA CORP XS1458413728 01-Aug-2023 0.000 0.0 6.500 56.000 35.000 100.60 B- B2 EUR 2,500,000.00 2,500,000.00 LECTA FLOAT CORP XS1458414023 01-Aug-2022 0.000 637.5 6.375 56.000 35.000 99.86 B- B2 EUR 2,500,000.00 2,500,000.00
LOCK AS Banking Norway Banking & Finance
LINDOR 7 XS1094612378 15-Aug-2021 0.000 0.0 7.000 40.000 35.000 103.90 Shadow B2 EUR 800,000.00 800,000.00 LINDOR FLOAT XS1094672273 15-Aug-2020 0.000 550.0 5.500 40.000 35.000 100.01 Shadow B2 EUR 6,750,000.00 6,750,000.00
LULLY FINANCE S.A.R.L. Leisure, Amusement and Entertainment - Europe France Industrial/Manufacturing
INITIAL TERM B-2 LX146800 14-Oct-2022 0.000 425.0 4.250 45.000 50.000 101.38 Shadow B2 EUR 3,000,000.00 3,000,000.00 LOAN FIRST LIEN
LYNGEN BIDCO AS Diversified/Conglomerate Service Norway Computers and Electronics
FACILITY B4 LX155290 13-Mar-2022 0.000 400.0 4.000 60.000 45.000 100.58 B Shadow EUR 1,000,000.00 1,000,000.00
MACDERMID INC. Chemicals, Plastics and Rubber (PLATFORM SPECIALTY) United States Chemicals
TERM LOAN HYPO 07-Jun-2020 1.000 325.0 4.250 100.000 50.000 100.73 Shadow B2 EUR 2,000,000.00 2,000,000.00
MATTERHORN TELECOM Telecommunications HOLDING SA Switzerland Telecommunications
MATTER 4 XS1219475792 01-May-2023 0.000 0.0 4.875 0.000 15.000 98.79 Shadow B2 EUR 3,500,000.00 3,500,000.00
MATTERHORN TELECOM Telecommunications SA Switzerland Telecommunications
MATTER FLOAT XS1219467930 01-May-2022 0.000 375.0 3.750 55.000 35.000 100.69 Shadow B2 EUR 1,500,000.00 1,500,000.00
Deutsche Bank - Trust & Agency Services 1 - 9 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Portfolio Composition as of 30-Nov-2016
Issuer Industry Class : Tranche Security ID Final Base Margin All In Fitch Moody's Market Fitch Moody's Original Current Current Moody's Industry Maturity Rate Interest Recovery Recovery Price Rating Rating Currency Notional Notional Date (%) Rate (%) Rate Rate Amount Amount Country Fitch Industry (CCY) (EUR)
MONITCHEM HOLDCO 3 Chemicals, Plastics and Rubber S.A. Germany Chemicals
CABBCO FLOAT XS1074935062 15-Jun-2021 -0.302 475.0 4.448 53.000 45.000 99.42 Shadow B3 EUR 5,000,000.00 5,000,000.00
MULTI PACKAGING Containers, Packaging and SOLUTIONS LIMITED Glass United States Packaging & Containers
EURO TERM C LX155407 30-Sep-2020 1.000 325.0 4.250 78.000 45.000 100.97 Shadow B1 EUR 182,400.00 182,400.00 EURO TERM C LX155407 30-Sep-2020 1.000 325.0 4.250 78.000 45.000 100.97 Shadow B1 EUR 4,404,375.51 4,404,375.51
NBTY INC Retail Store United States Retail (General)
STERLING TERM B LX152399 05-May-2023 1.000 525.0 6.250 88.000 50.000 100.56 Shadow B2 GBP 2,493,750.00 2,977,537.50 LOAN
NETINVEST LIMITED Diversified/Conglomerate Service United Kingdom Business Services
FACILITY B LX145020 10-Aug-2022 0.000 375.0 3.750 87.000 45.000 100.88 Shadow Shadow EUR 2,000,000.00 2,000,000.00
NOVAFIVES SAS Machinery (Non-Agriculture, Non-Construction and Non-Electronic) France Industrial/Manufacturing
NVFVES FLOAT XS1028951421 30-Jun-2020 -0.311 400.0 3.689 59.000 35.000 88.16 Shadow B2 EUR 7,750,000.00 7,750,000.00
ONEX WIZARD Containers, Packaging and ACQUISITION COMPANY I Glass SARL Switzerland Packaging & Containers
INITIAL EURO TERM LX143111 11-Mar-2022 0.000 375.0 3.750 55.000 50.000 100.82 Shadow Shadow EUR 1,970,000.00 1,970,000.00 LOAN
OPTIMA SUB FINCO Retail Store LIMITED United Kingdom Retail (General)
TERM FACILITY B2 LX149829 27-Jan-2023 0.000 500.0 5.000 51.000 45.000 99.44 Shadow Shadow EUR 5,000,000.00 5,000,000.00
Deutsche Bank - Trust & Agency Services 1 - 10 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Portfolio Composition as of 30-Nov-2016
Issuer Industry Class : Tranche Security ID Final Base Margin All In Fitch Moody's Market Fitch Moody's Original Current Current Moody's Industry Maturity Rate Interest Recovery Recovery Price Rating Rating Currency Notional Notional Date (%) Rate (%) Rate Rate Amount Amount Country Fitch Industry (CCY) (EUR)
OXEA SARL Chemicals, Plastics and Rubber Germany Chemicals
TRANCHE B-1 TERM LX129945 15-Jan-2020 1.000 350.0 4.500 58.000 45.000 96.40 Shadow B3 EUR 6,921,388.29 6,921,388.29 LOAN
PAROC GROUP OY AB Diversified/Conglomerate Manufacturing Finland Building and Materials
PAROCG FLOAT XS1028955174 15-May-2020 -0.312 525.0 4.938 41.000 35.000 98.30 Shadow Shadow EUR 2,000,000.00 2,000,000.00
PERTENTO S.A.R.L. Telecommunications Spain Telecommunications
FACILITY B LX139895 30-Jun-2021 0.000 437.6 4.376 62.000 45.000 100.83 Shadow Shadow EUR 7,500,000.00 7,500,000.00
PICARD GROUPE S.A.S. Retail Store France Retail (General)
PICSUR FLOAT-15 XS0956139264 01-Aug-2019 0.000 425.0 4.250 80.000 45.000 100.68 B B2 EUR 4,695,863.75 4,695,863.75
PQ CORPORATION Chemicals, Plastics and Rubber United States Chemicals
TERM B-2 TERM LX152396 04-Nov-2022 1.000 475.0 5.750 100.000 50.000 101.48 Shadow Shadow EUR 997,500.00 997,500.00 LOAN
RANPAK CORP. Diversified Natural Resources, Precious Metals and Minerals United States Packaging & Containers
EURO TERM LOAN LX144512 01-Oct-2021 1.000 325.0 4.250 82.000 40.000 100.06 Shadow Shadow EUR 3,920,300.00 3,920,300.00
REDTOP ACQUISITIONS Diversified/Conglomerate LIMITED (CPA GLOBAL) Service Channel Islands Business Services
INITIAL EURO TERM LX133726 03-Dec-2020 1.000 375.0 4.750 76.000 45.000 101.18 Shadow Shadow EUR 1,500,000.00 1,500,000.00 LOAN
REMEDCO HOLDING B.V. Healthcare, Education and Childcare Germany Healthcare
TERM B1 LX148262 27-Oct-2022 0.000 550.0 5.500 69.000 45.000 100.53 Shadow B3 EUR 2,500,000.00 2,500,000.00
Deutsche Bank - Trust & Agency Services 1 - 11 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Portfolio Composition as of 30-Nov-2016
Issuer Industry Class : Tranche Security ID Final Base Margin All In Fitch Moody's Market Fitch Moody's Original Current Current Moody's Industry Maturity Rate Interest Recovery Recovery Price Rating Rating Currency Notional Notional Date (%) Rate (%) Rate Rate Amount Amount Country Fitch Industry (CCY) (EUR)
RIEMSER PHARMA GMBH Healthcare, Education and Childcare Germany Pharmaceuticals
FACILITY B LX153882 22-Jun-2023 0.000 550.0 5.500 56.000 45.000 98.25 Shadow Shadow EUR 4,500,000.00 4,500,000.00
SAM BIDCO Healthcare, Education and Childcare France Healthcare
FACILITY B1A LX139399 17-Dec-2021 1.000 325.0 4.250 75.000 50.000 101.25 Shadow Shadow EUR 1,668,358.17 1,668,358.17 FACILITY B1B LX142742 17-Dec-2021 1.000 325.0 4.250 75.000 50.000 101.25 Shadow Shadow EUR 734,664.59 734,664.59 SECOND LIEN NOTES LX139424 17-Dec-2022 1.000 750.0 8.500 0.000 15.000 101.56 Shadow Shadow EUR 1,000,000.00 1,000,000.00
SAM FINANCE LUX Banking S.A.R.L. Luxembourg Banking & Finance
EURO TERM LOAN LX133835 17-Dec-2020 1.000 350.0 4.500 40.000 45.000 100.61 Shadow Shadow EUR 5,867,532.27 5,867,532.27
SCANDLINES APS Personal Transportation Germany Transportation & Distribution
FACILITY B LX133148 03-Dec-2020 0.000 425.0 4.250 53.000 45.000 100.90 Shadow Shadow EUR 2,023,846.50 2,023,846.50
SCHENCK PROCESS Machinery (Non-Agriculture, FINANCE GMBH Non-Construction and Non-Electronic) Germany Industrial/Manufacturing
FACILITY B EUR LX152255 13-May-2022 0.750 550.0 6.250 67.000 45.000 99.93 Shadow Shadow EUR 2,000,000.00 2,000,000.00
SCHUMANN SPA Hotels, Motels, Inns and Gaming Italy Gaming, Leisure & Entertainment
SCHMAN CORP XS1454980159 31-Jul-2023 0.000 0.0 7.000 72.000 45.000 101.64 Shadow B1 EUR 750,000.00 750,000.00 SCHMAN FLOAT XS1454976801 31-Jul-2022 0.000 662.5 6.625 72.000 45.000 99.96 Shadow B1 EUR 1,750,000.00 1,750,000.00 CORP
SIGNODE IND GR LUX S.A. Containers, Packaging and Glass United States Packaging & Containers
TERM LOAN B-EUR LX136339 01-May-2021 1.000 300.0 4.000 65.000 50.000 100.16 Shadow B2 EUR 10,244,002.51 10,244,002.51
Deutsche Bank - Trust & Agency Services 1 - 12 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Portfolio Composition as of 30-Nov-2016
Issuer Industry Class : Tranche Security ID Final Base Margin All In Fitch Moody's Market Fitch Moody's Original Current Current Moody's Industry Maturity Rate Interest Recovery Recovery Price Rating Rating Currency Notional Notional Date (%) Rate (%) Rate Rate Amount Amount Country Fitch Industry (CCY) (EUR)
SNAI SPA Hotels, Motels, Inns and Gaming Italy Gaming, Leisure & Entertainment
SNAIM FLOAT XS1513692357 07-Nov-2021 0.000 600.0 6.000 57.000 35.000 101.13 Shadow B2 EUR 500,000.00 500,000.00 11/07/21 CORP
SOLENIS INTERNATIONAL, Chemicals, Plastics and Rubber L.P . United States Chemicals
TRANCHE C TERM LX152444 31-Jul-2021 1.000 400.0 5.000 77.000 50.000 101.25 Shadow B3 EUR 5,000.00 5,000.00 LOAN TRANCHE C TERM LX152444 31-Jul-2021 1.000 400.0 5.000 77.000 50.000 101.25 Shadow B3 EUR 1,990,000.00 1,990,000.00 LOAN SOPPA HOLDINGS S.A.R.L. Beverage, Food and Tobacco Belgium Food, Beverage, & Tobacco
FIRST LIEN TERM LX139700 22-Aug-2021 0.000 375.0 3.750 54.000 45.000 100.17 Shadow Shadow EUR 5,278,127.18 5,278,127.18 LOAN INCREMENTAL LX146776 20-Aug-2021 0.000 375.0 3.750 54.000 45.000 100.17 Shadow Shadow EUR 1,000,000.00 1,000,000.00 FACILITY
SPRINGER SCIENCE ( Printing and Publishing SPRINGER SBM TWO GMBH) Germany Broadcasting and Media
SPRINGER SCIENCE LX143524 14-Aug-2020 1.000 375.0 4.750 78.000 45.000 100.44 Shadow B2 EUR 5,358,538.56 5,358,538.56 & BUSINESS MEDIA FINANCE BV
SWISSPORT GROUP SARL Diversified/Conglomerate Service Switzerland Transportation & Distribution
TERM LOAN B LX149082 09-Feb-2022 1.000 525.0 6.250 60.000 60.000 100.99 Shadow B3 EUR 3,500,000.00 3,500,000.00
SYNLAB BONDCO PLC Healthcare, Education and Childcare France Healthcare
LABFP 6 1/4 XS1117292984 01-Jul-2022 0.000 0.0 6.250 60.000 35.000 107.86 B Shadow EUR 2,750,000.00 2,750,000.00 LABFP FLOAT CORP XS1516322200 01-Jul-2022 0.000 350.0 3.500 60.000 35.000 101.33 B Shadow EUR 5,000,000.00 5,000,000.00
Deutsche Bank - Trust & Agency Services 1 - 13 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Portfolio Composition as of 30-Nov-2016
Issuer Industry Class : Tranche Security ID Final Base Margin All In Fitch Moody's Market Fitch Moody's Original Current Current Moody's Industry Maturity Rate Interest Recovery Recovery Price Rating Rating Currency Notional Notional Date (%) Rate (%) Rate Rate Amount Amount Country Fitch Industry (CCY) (EUR)
SYNLAB UNSECURED Healthcare, Education and BONDCO PLC. Childcare Germany Healthcare
LABFP 8 XS1268471494 01-Jul-2023 0.000 0.0 8.250 0.000 15.000 107.69 B Shadow EUR 1,500,000.00 1,500,000.00
TACKLE SARL Hotels, Motels, Inns and Gaming Luxembourg Gaming, Leisure & Entertainment
FACILITY B LX152547 08-Aug-2022 1.000 550.0 6.500 51.000 45.000 100.91 Shadow B1 EUR 5,000,000.00 5,000,000.00
TAGHLEEF INDUSTRIES Containers, Packaging and TOPCO LIMITED Glass United States Packaging & Containers
FACILITY B LX152515 10-May-2023 0.000 450.0 4.500 50.000 45.000 101.00 Shadow Ba3 EUR 2,000,000.00 2,000,000.00
TELE COLUMBUS AG Broadcasting and Entertainment Germany Cable
INCREMENTAL LX148796 04-Jan-2021 0.000 450.0 4.500 71.000 45.000 100.78 Shadow B2 EUR 3,000,000.00 3,000,000.00 FACILITY
TELENET INTERNATIONAL Telecommunications FINANCE S.A.R.L. Luxembourg Telecommunications
TERM LOAN LX156207 31-Jan-2025 0.000 325.0 3.250 80.000 50.000 100.34 Shadow Shadow EUR 5,000,000.00 5,000,000.00 FACILITY AE
TMF GROUP Diversified/Conglomerate Service Netherlands Banking & Finance
TERM LOAN HYPO LX155136 29-Sep-2023 0.000 400.0 4.000 61.000 45.000 101.34 Shadow B2 EUR 307,657.77 307,657.77
TMF GROUP HOLDING BV Diversified/Conglomerate Service Netherlands Banking & Finance
TERM B1 LX155136 14-Oct-2023 0.000 400.0 4.000 61.000 45.000 101.34 Shadow B2 EUR 692,342.23 692,342.23
Deutsche Bank - Trust & Agency Services 1 - 14 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Portfolio Composition as of 30-Nov-2016
Issuer Industry Class : Tranche Security ID Final Base Margin All In Fitch Moody's Market Fitch Moody's Original Current Current Moody's Industry Maturity Rate Interest Recovery Recovery Price Rating Rating Currency Notional Notional Date (%) Rate (%) Rate Rate Amount Amount Country Fitch Industry (CCY) (EUR)
TRIANGLE FM SERVICES Diversified/Conglomerate TOPCO GMBH Service Germany Real Estate
FACILITY B1 LX154393 01-Sep-2023 0.000 525.0 5.250 53.000 45.000 101.33 Shadow Shadow EUR 2,857,142.86 2,857,142.86 FACILITY B2 LX154417 01-Sep-2023 0.000 525.0 5.250 53.000 45.000 101.33 Shadow Shadow EUR 1,142,857.14 1,142,857.14
UMV GLOBAL FOODS Beverage, Food and Tobacco COMPANY LTD United Kingdom Food, Beverage, & Tobacco
FACILITY B2A LX142370 19-Nov-2021 0.000 375.0 3.750 81.000 45.000 98.28 Shadow Shadow EUR 6,333,333.33 6,333,333.33
UNILABS DIAGNOSTICS Diversified/Conglomerate AB Service Sweden Healthcare
FACILITY B LX155194 10-Oct-2021 0.000 425.0 4.250 56.000 50.000 101.25 Shadow Shadow EUR 1,500,000.00 1,500,000.00
UNIVAR INC. (ULIXES) Chemicals, Plastics and Rubber United States Chemicals
INITIAL EURO TERM LX145475 01-Jul-2022 1.000 325.0 4.250 83.000 45.000 100.79 Shadow B2 EUR 7,920,000.00 7,920,000.00 LOAN VEDICI Banking France Banking & Finance
FACILITY B LX146849 30-Oct-2022 0.000 425.0 4.250 67.000 45.000 101.20 Shadow Shadow EUR 2,000,000.00 2,000,000.00
VERALLIA PACKAGING Containers, Packaging and SAS Glass France Packaging & Containers
FACILITY B2 LX153197 29-Oct-2022 1.000 350.0 4.500 41.000 45.000 100.96 Shadow B1 EUR 2,000,000.00 2,000,000.00
VERISURE HOLDING AB Diversified/Conglomerate Service Sweden Consumer Products
EURO TERM LOAN LX152986 21-Oct-2022 1.000 350.0 4.500 62.000 50.000 101.48 Shadow B2 EUR 4,000,000.00 4,000,000.00 B1
Deutsche Bank - Trust & Agency Services 1 - 15 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Portfolio Composition as of 30-Nov-2016
Issuer Industry Class : Tranche Security ID Final Base Margin All In Fitch Moody's Market Fitch Moody's Original Current Current Moody's Industry Maturity Rate Interest Recovery Recovery Price Rating Rating Currency Notional Notional Date (%) Rate (%) Rate Rate Amount Amount Country Fitch Industry (CCY) (EUR)
VIRIDIAN GROUP FUNDCO Oil and Gas II Cayman Islands Utilities (Power)
VRDLN 7 XS1179900102 01-Mar-2020 0.000 0.0 7.500 40.000 25.000 106.00 B+ B1 EUR 3,000,000.00 3,000,000.00
VUE INTERNATIONAL Hotels, Motels, Inns and Gaming BIDCO United Kingdom Gaming, Leisure & Entertainment
VEUCIN FLOAT XS1135437280 15-Jul-2020 -0.311 525.0 4.939 57.000 35.000 100.65 B Shadow EUR 4,000,000.00 4,000,000.00
WESTERN DIGITAL CORP Electronics United States Computers and Electronics
EUR TERM LOAN B-1 LX155051 28-Apr-2023 0.750 325.0 4.000 100.000 45.000 101.16 Shadow Ba1 EUR 2,995,000.00 2,995,000.00
WIND ACQUISITION Telecommunications FINANCE SA Italy Telecommunications
WINDIM FLOAT-15 XS1082635712 15-Jul-2020 -0.311 400.0 3.689 80.000 55.000 100.50 Shadow B2 EUR 4,000,000.00 4,000,000.00
WOWMIDCO SAS Diversified/Conglomerate Service France Business Services
FACILITY B LX150401 16-Mar-2023 0.000 550.0 5.500 50.000 45.000 101.29 Shadow Shadow EUR 4,000,000.00 4,000,000.00
XEFIN Diversified/Conglomerate Manufacturing Germany Building and Materials
XELLA FLOAT XS1071440991 01-Jun-2019 0.000 375.0 3.750 77.000 35.000 100.06 Shadow B1 EUR 2,000,000.00 2,000,000.00
YELLOW MAPLE HOLDING Printing and Publishing B.V. Netherlands Business Services
FACILITY B1 LX140812 23-Sep-2021 0.000 375.0 3.750 64.000 50.000 100.75 Shadow Shadow EUR 4,779,204.11 4,779,204.11
Deutsche Bank - Trust & Agency Services 1 - 16 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Portfolio Composition as of 30-Nov-2016
Issuer Industry Class : Tranche Security ID Final Base Margin All In Fitch Moody's Market Fitch Moody's Original Current Current Moody's Industry Maturity Rate Interest Recovery Recovery Price Rating Rating Currency Notional Notional Date (%) Rate (%) Rate Rate Amount Amount Country Fitch Industry (CCY) (EUR)
YPSO FRANCE SAS / Telecommunications NUMERICABLE GROUP - SFR S.A. France Telecommunications
EURO TERM LOAN LX152295 14-Apr-2023 0.750 375.0 4.500 79.000 45.000 101.06 Shadow Shadow EUR 6,965,000.00 6,965,000.00 B7 YPSO HOLDING SA Telecommunications France Telecommunications
TLB 10 LX155720 30-Jan-2025 0.750 300.0 3.750 79.000 45.000 100.74 Shadow B1 EUR 172,237.33 172,237.33 INCREMENTAL TERM TLB 10 REFINANCING LX155720 30-Jan-2025 0.750 300.0 3.750 79.000 45.000 100.74 Shadow B1 EUR 822,762.67 822,762.67 TERM
ZIGGO SECURED FINANCE Broadcasting and Entertainment BV Netherlands Cable
TERM LOAN LX154363 30-Aug-2024 0.000 375.0 3.750 92.000 45.000 100.53 Shadow Shadow EUR 5,944,753.97 5,944,753.97 FACILITY C TERM LOAN LX154363 30-Aug-2024 0.000 375.0 3.750 92.000 45.000 100.53 Shadow Shadow EUR 2,051,202.39 2,051,202.39 FACILITY C ZIGGO CORP XS1493836461 15-Jan-2027 0.000 0.0 4.250 92.000 55.000 99.59 Shadow Shadow EUR 2,000,000.00 2,000,000.00
433,641,454.08
Deutsche Bank - Trust & Agency Services 1 - 17 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Purchase and Sales between 01-Nov-2016 and 30-Nov-2016
Trade Settlement Issuer Loan Facility Currency Trade Trade Quantity Price Net Amount Net Amount Date Date Quantity (EUR) (CCY) (CCY)
Purchase 08-Nov-2016 GARDNER DENVER INC INITIAL EURO TERM LOAN EUR 1,000,000.00 1,000,000.00 98.75 987,500.00 987,500.00 04-Nov-2016 INTEROUTE FINCO TERM LOAN HYPO EUR 1,000,000.00 1,000,000.00 100.00 1,000,000.00 1,000,000.00 24-Nov-2016 LULLY FINANCE S.A.R.L. INITIAL TERM B-2 LOAN EUR 1,000,000.00 1,000,000.00 101.00 1,010,000.00 1,010,000.00 FIRST LIEN 21-Nov-2016 MACDERMID INC. (PLATFORM TERM LOAN HYPO EUR 2,000,000.00 2,000,000.00 100.00 2,000,000.00 2,000,000.00 SPECIALTY) 09-Nov-2016 OXEA SARL TRANCHE B-1 TERM LOAN EUR 1,000,000.00 1,000,000.00 97.50 975,000.00 975,000.00 04-Nov-2016 11-Nov-2016 GUALA CLOSURES SPA GCLIM FLOAT CORP EUR 1,000,000.00 1,000,000.00 100.00 1,000,000.00 1,000,000.00 11-Nov-2016 15-Nov-2016 MONITCHEM HOLDCO 3 S.A. CABBCO FLOAT EUR 1,000,000.00 1,000,000.00 100.13 1,001,250.00 1,001,250.00 04-Nov-2016 16-Nov-2016 SYNLAB BONDCO PLC LABFP FLOAT CORP EUR 5,000,000.00 5,000,000.00 100.00 5,000,000.00 5,000,000.00 25-Nov-2016 29-Nov-2016 LECTA SA LECTA CORP EUR 1,000,000.00 1,000,000.00 99.75 997,500.00 997,500.00 29-Nov-2016 01-Dec-2016 LECTA SA LECTA CORP EUR 500,000.00 500,000.00 99.75 498,750.00 498,750.00 03-Nov-2016 05-Dec-2016 TELENET INTERNATIONAL TERM LOAN FACILITY AE EUR 5,000,000.00 5,000,000.00 100.00 5,000,000.00 5,000,000.00 FINANCE S.A.R.L. 14-Nov-2016 08-Dec-2016 FORMULA ONE GROUP (Alpha SECOND LIEN FACILITY USD 1,000,000.00 943,529.74 100.73 1,007,300.00 950,417.51 Topco, Delta 2) LOAN $20,443,529.74 20,420,417.51 Sale 01-Nov-2016 17-Nov-2016 ELEMENT MATERIALS FACILITY B2 EUR 3,000,000.00 3,000,000.00 100.00 3,000,000.00 3,000,000.00 TECHNOLOGY $3,000,000.00 3,000,000.00
Deutsche Bank - Trust & Agency Services 2 - 1 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Loan Amortisations between 01-Nov-2016 and 30-Nov-2016
Amortisation Issuer Facility Security ID CCY Amortisation Amount Amortisation Amount Date (CCY)
01-Nov-2016 AHLSELL INVESTCO AB NEW FACILITY B1* EUR 1,137,793.46 1,137,793.46
01-Nov-2016 AHLSELL INVESTCO AB NEW FACILITY B1* EUR 475,323.62 475,323.62
01-Nov-2016 AHLSELL INVESTCO AB NEW FACILITY B1* EUR 2,964,022.25 2,964,022.25
10-Nov-2016 TELENET BIDCO NV TERM LOAN Y EUR 4,000,000.00 4,000,000.00
10-Nov-2016 TELENET INTERNATIONAL FINANCE TERM LOAN AA FACILITY EUR 1,000,000.00 1,000,000.00 S.A.R.L. 14-Nov-2016 YPSO HOLDING SA EURO TRANCHE B6 EUR 992,500.00 992,500.00
18-Nov-2016 FRESCO INVESTMENTS S.A.R.L TLB2 EUR 73,974.73 73,974.73
21-Nov-2016 SCHULMAN INC INITIAL EURO TERM B LOANS EUR 31,982.76 31,982.76
01-Nov-2016 GALA GROUP FINANCE FACILITY C GBP 1,500,000.00 1,890,000.02
12,565,596.84
Deutsche Bank - Trust & Agency Services 3 - 1 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Bond Amortisation/Prepayments between 01-Nov-2016 and 30-Nov-2016 ISIN / CUSIP Issuer Obligation Amortisation CCY Outstanding Amortisation Outstanding Date Principal at Start of Amount Principal at End of Reporting Period Reporting Period
XS1117292802 SYNLAB BONDCO PLC LABFP FLOAT 16-Nov-2016 EUR 7,750,000.00 7,750,000.00 0.00
Deutsche Bank - Trust & Agency Services 4 - 1 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Notes Outstanding as of 30-Nov-2016
Issuer Obligation Maturity Moodys Rating Frequency Fixed / Interest Factor CCY Coupon Principal Principal Date Rating Fitch Floating Rate % Amount Balance Balance (CCY) (CCY) (EUR) Current / Current / Coupon Date Spread Original Original (bps)
CVC Cordatus Loan Fund III DAC CORDA 3X A1 08-Jul-2027 Aaa AAA 6 Months Floating 1.350 1.00000 EUR 1,643,790.00 235,500,000.00 235,500,000.00 Aaa AAA 17-Jan-2017 135.0 CVC Cordatus Loan Fund III DAC CORDA 3X A2 08-Jul-2027 Aaa AAA 6 Months Fixed 2.610 1.00000 EUR 278,520.00 21,100,000.00 21,100,000.00 Aaa AAA 17-Jan-2017 0.0 CVC Cordatus Loan Fund III DAC CORDA 3X B1 08-Jul-2027 Aa2 AA 6 Months Floating 1.800 1.00000 EUR 353,400.00 38,000,000.00 38,000,000.00 Aa2 AA 17-Jan-2017 180.0 CVC Cordatus Loan Fund III DAC CORDA 3X B2 08-Jul-2027 Aa2 AA 6 Months Fixed 3.420 1.00000 EUR 250,705.00 14,500,000.00 14,500,000.00 Aa2 AA 17-Jan-2017 0.0 CVC Cordatus Loan Fund III DAC CORDA 3X C1 08-Jul-2027 A2 A+ 6 Months Floating 2.600 1.00000 EUR 197,421.00 14,700,000.00 14,700,000.00 A2 A+ 17-Jan-2017 260.0 CVC Cordatus Loan Fund III DAC CORDA 3X C2 08-Jul-2027 A2 A+ 6 Months Fixed 4.150 1.00000 EUR 197,212.00 9,400,000.00 9,400,000.00 A2 A+ 17-Jan-2017 0.0 CVC Cordatus Loan Fund III DAC CORDA 3X D 08-Jul-2027 Baa2 BBB+ 6 Months Floating 3.400 1.00000 EUR 379,512.00 21,600,000.00 21,600,000.00 Baa2 BBB+ 17-Jan-2017 340.0 CVC Cordatus Loan Fund III DAC CORDA 3X E 08-Jul-2027 Ba2 BB 6 Months Floating 4.800 1.00000 EUR 838,240.00 33,800,000.00 33,800,000.00 Ba2 BB 17-Jan-2017 480.0 CVC Cordatus Loan Fund III DAC CORDA 3X F 08-Jul-2027 B2 B- 6 Months Floating 6.000 1.00000 EUR 418,500.00 13,500,000.00 13,500,000.00 B2 BB- 17-Jan-2017 600.0 CVC Cordatus Loan Fund III DAC CORDA 3X SUB 08-Jul-2027 NR NR 6 Months Fixed 0.000 1.00000 EUR 0.00 47,900,000.00 47,900,000.00 NR NR 17-Jan-2017 0.0
4,557,300.00 450,000,000.00
Deutsche Bank - Trust & Agency Services 5 - 1 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Liquidity Facility as of 30-Nov-2016
Issue Name Accrual Start Accrual End Day Accrual Outstanding Currency Interest Interest Amount Date Date Basis Days Amount (CCY) Rate (CCY)
Liquidity Facility Commitment Fee
Liquidity Facility 15-Jul-2016 17-Jan-2017 Actual/360 186.00 2,209,984.99 EUR 1.2500% 14,272.82
Pre-Funded Commitment Facility
Liquidity Facility 15-Jul-2016 17-Jan-2017 Actual/360 186.00 790,015.01 EUR 0.6500% 2,653.13
Deutsche Bank - Trust & Agency Services 6 - 1 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Defaulted Assets as of 30-Nov-2016 Issuer Industry Class : Tranche Security ID Loan X ID Default Moody's Fitch Par Amount Moody's Fitch Market CCY Principal Moody's Industry Date Rating Rating (EUR) Recovery Recovery Value Balance Country Rate (%) Rate (%) (%) (EUR) Fitch Industry **Nothing to report**
Deutsche Bank - Trust & Agency Services 7 - 1 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Issuer Rating Changes between 01-Nov-2016 and 30-Nov-2016
Issuer Rating Prior Prior Rating Prior Credit Current Current Current Credit Agency Rating Date Watch Rating Rating Date Watch
Downgrade Genesys (Greeneden US Holdings II LLC) Moody's B2 21-Oct-2013 Stable Outlook B3 07-Nov-2016 Stable Outlook
GENESYS TELECOM HOLDINGS U.S., INC. Moody's B2 21-Oct-2013 Stable Outlook B3 07-Nov-2016 Stable Outlook
Rating Watch Change GENESYS TELECOM HOLDINGS U.S., INC. Moody's B3 01-Sep-2016 Possible Downgrade B3 07-Nov-2016 Neutral
LOCK LOWER HOLDING AS Moody's B2 10-May-2016 Possible Upgrade B2 10-May-2016 Possible Upgrade
Deutsche Bank - Trust & Agency Services 8 - 1 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Account Balances as of 30-Nov-2016
CCY Account Name Starting Balance Ending Balance Starting Balance Ending Balance (CCY) (CCY) (EUR) (EUR)
Others
EUR CVC CLF III EUR Principal Account 5,909,669.22 16,186,191.05 5,909,669.22 16,186,191.05 EUR CVC CLF III EUR Collateral Enhancement Account 0.00 0.00 0.00 0.00 EUR CVC CLF III EUR Collection Account 0.00 0.00 0.00 0.00 EUR CVC CLF III EUR Contributions Account 0.00 0.00 0.00 0.00 EUR CVC CLF III EUR Expense Reserve Account 1,139.80 2.05 1,139.80 2.05 EUR CVC CLF III EUR Interest Account 6,470,595.14 7,606,834.07 6,470,595.14 7,606,834.07 EUR CVC CLF III EUR Interest Reserve Account 0.00 0.00 0.00 0.00 EUR CVC CLF III EUR Issuer Sales Proceeds Account 0.00 0.00 0.00 0.00 EUR CVC CLF III EUR Payment Account -0.62 -0.62 -0.62 -0.62 EUR CVC CLF III EUR Pre Funded Exposure Account 0.00 0.00 0.00 0.00 EUR CVC CLF III EUR Prefunded Collection Account 790,015.01 790,015.01 790,015.01 790,015.01 EUR CVC CLF III EUR Unfunded Reserve Account 0.00 0.00 0.00 0.00 EUR CVC CLF III EUR Unused Proceeds Account 0.00 0.00 0.00 0.00 EUR EUR Interest MM Account 0.00 0.00 0.00 0.00 EUR EUR Principal MM Account 0.00 0.00 0.00 0.00 GBP CVC CLF III GBP Collateral Enhancement Account 0.00 0.00 0.00 0.00 GBP CVC CLF III GBP Collection Account 0.00 0.00 0.00 0.00 GBP CVC CLF III GBP Contributions Account 0.00 0.00 0.00 0.00 GBP CVC CLF III GBP Expense Reserve Account 0.00 0.00 0.00 0.00 GBP CVC CLF III GBP Interest Account 263,096.53 236,438.64 293,356.22 263,632.31 GBP CVC CLF III GBP Interest Reserve Account 19.45 19.45 21.69 21.69 GBP CVC CLF III GBP Issuer Sale Proceeds Account 0.00 0.00 0.00 0.00 GBP CVC CLF III GBP Payment Account 0.00 0.00 0.00 0.00 GBP CVC CLF III GBP Pre Funded Exposure Account 0.00 0.00 0.00 0.00 GBP CVC CLF III GBP Prefunded Collection Account 0.00 0.00 0.00 0.00 GBP CVC CLF III GBP Principal Account 7,333.54 7,333.54 8,177.00 8,177.00 GBP CVC CLF III GBP Unfunded Reserve Account 0.00 0.00 0.00 0.00 GBP CVC CLF III GBP Unused Proceeds Account 0.00 0.00 0.00 0.00 GBP GBP Interest MM Account 0.00 0.00 0.00 0.00 GBP GBP Principal MM Account 0.00 0.00 0.00 0.00 USD CVC CLF III USD Collateral Enhancement Account 0.00 0.00 0.00 0.00 USD CVC CLF III USD Collection Account 0.00 0.00 0.00 0.00 USD CVC CLF III USD Contributions Account 0.00 0.00 0.00 0.00 USD CVC CLF III USD Expense Reserve Account -0.01 -0.01 -0.01 -0.01 USD CVC CLF III USD Intereset Reserve Account 0.00 0.00 0.00 0.00 USD CVC CLF III USD Interest Account 3,062.50 3,062.50 2,745.53 2,889.56 USD CVC CLF III USD Issuer Sale Proceeds Account 0.00 0.00 0.00 0.00 USD CVC CLF III USD Payment Account 0.00 0.00 0.00 0.00 USD CVC CLF III USD Pre Funded Exposure Account 0.00 0.00 0.00 0.00
Deutsche Bank - Trust & Agency Services 9 - 1 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Account Balances as of 30-Nov-2016
CCY Account Name Starting Balance Ending Balance Starting Balance Ending Balance (CCY) (CCY) (EUR) (EUR)
USD CVC CLF III USD Prefunded Collection Account 0.00 0.00 0.00 0.00 USD CVC CLF III USD Principal Account 0.00 0.00 0.00 0.00 USD CVC CLF III USD Unfunded Reserve Account 0.00 0.00 0.00 0.00 USD CVC CLF III USD Unused Proceeds Account 0.00 0.00 0.00 0.00 USD USD Interest MM Account 0.00 0.00 0.00 0.00 USD USD Principal MM Account 0.00 0.00 0.00 0.00 13,475,718.98 24,857,762.11 13,475,718.98 24,857,762.11
Deutsche Bank - Trust & Agency Services 9 - 2 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Cross Currency Swaps as of 30-Nov-2016
Counterparty Long Term Rating Short Term Rating FX Receive Current Receive Receive Fixed / Receive Index Receive Date Receive Receive Amount Scheduled Rate Notional Rate Floating Currency on Next Payment Date Moody's Fitch Moody's Fitch
Hedge Name Pay Current Pay Rate Pay Fixed / Pay Index Payment Date Pay Pay Amount Scheduled on Notional Floating Currency Next Payment Date
JP MORGAN A3 A+ P-1 F1 1 GBP = 6,836,499.99 3.371 Floating EURIBOR (6 months) 03-Jan-2017 EUR 117,149.69 0.80450523 EUR
ALL 3 MEDIA 5,500,000.00 4.869 Floating LIBOR (6 months) 03-Jan-2017 GBP 134,250.55 JP MORGAN A3 A+ P-1 F1 1.414 GBP = 2,828,000.00 4.391 Floating LIBOR (6 months) 03-Jan-2017 EUR 63,123.55 1 EUR
COMPASS HOLDCO 2 2,000,000.00 5.869 Floating LIBOR (3 months) 03-Jan-2017 GBP 58,845.78 LIMITED JP MORGAN A3 A+ P-1 F1 1.365 GBP = 2,730,000.00 4.221 Floating EURIBOR (6 months) 03-Jan-2017 EUR 58,576.93 1 EUR
CYAN BLUE HOLDCO 3 2,000,000.00 5.869 Floating LIBOR (6 months) 03-Jan-2017 GBP 58,845.78 LIMITED JP MORGAN A3 A+ P-1 F1 1.194 GBP = 2,977,537.50 4.280 Floating EURIBOR (6 months) 03-Jan-2017 EUR 55,931.39 1 EUR
NBTY INC 2,493,750.00 5.250 Floating LIBOR (6 months) 03-Jan-2017 GBP 56,673.03
Total Scheduled Amount Receivable by Next Payment Date(EUR): 294,781.56
Deutsche Bank - Trust & Agency Services 10 - 1 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Interest Rate Swaps as of 30-Nov-2016 Hedge Name Termination Receive Notional Receive Rate Receive Spread Receive Fixed / Receive Index Receive Date Receive Scheduled Receivable Due By Date Outstanding Floating Currency Next Payment Date
Counterparty Pay Notional Pay Rate Pay Spread Pay Fixed / Pay Index Payment Date Pay Scheduled Payable Due By Outstanding Floating Currency Next Payment Date
** Nothing to report **
Deutsche Bank - Trust & Agency Services 11 - 1 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Discount Obligations as of 30-Nov-2016
Issuer Name Industry Class : Issue Name Security ID Maturity Fitch Moody's Market Price CCY Principal Moody's Industry Date Rating Rating Price (%) Balance (EUR) Country Fitch Industry (%)
**Nothing to report**
Deutsche Bank - Trust & Agency Services 12 - 1 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Monthly Report Par Coverage Test Detail as of 30-Nov-2016
Test Description Numerator Denominator Trigger Current Result Prior Result Pass/Fail 30-Nov-2016 31-Oct-2016
Class A/B Par Value Test 438,874,849.84 309,100,000.00 >= 132.20% 141.98% 141.97% Pass Class C Par Value Test 438,874,849.84 333,200,000.00 >= 124.00% 131.72% 131.70% Pass Class D Par Value Test 438,874,849.84 354,800,000.00 >= 118.00% 123.70% 123.68% Pass Class E Par Value Test 438,874,849.84 388,600,000.00 >= 108.30% 112.94% 112.92% Pass Interest Diversion Test 438,874,849.84 402,100,000.00 >= 105.10% 109.15% 109.13% Pass
Numerator Details Denominator Details EUR EUR (a) CDO Aggregate Principal Balance 433,641,454.07 (b) Account Balances (Principal and Unused Proceeds) 5,233,395.77 Class A/B Par Value Test Principal Balance of Notes 309,100,000.00 (c) Defaulted Obligations 0.00 Class C Par Value Test (d) Minus Excess CCC/Caa Adjustment 0.00 Principal Balance of Notes 333,200,000.00 CCC haircut 0.00 Class D Par Value Test Discount haircut 0.00 Principal Balance of Notes 354,800,000.00 Adjusted Aggregate Collateral Balance (a+b+c-d) 438,874,849.84 Class E Par Value Test Principal Balance of Notes 388,600,000.00 Interest Diversion Test Principal Balance of Notes 402,100,000.00
Deutsche Bank - Trust & Agency Services 13 - 1 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Interest Coverage Test Detail as of 30-Nov-2016 Test Description Numerator Denominator Trigger Current Result Prior Result Pass/Fail 30-Nov-2016 31-Oct-2016
Class A/B Interest Coverage Test 9,439,382.74 2,526,415.00 >= 120.00% 373.63% 379.54% Pass Class C Interest Coverage Test 9,439,382.74 2,921,048.00 >= 110.00% 323.15% 328.26% Pass Class D Interest Coverage Test 9,439,382.74 3,300,560.00 >= 105.00% 285.99% 290.52% Pass Class E Interest Coverage Test 9,439,382.74 4,138,800.00 >= 102.00% 228.07% 231.68% Pass
Numerator Details Denominator Details
EUR EUR
Actual Interest Proceeds Collected 7,606,834.07 Class A/B Interest Coverage Test Projected Interest Payments on Notes 2,526,415.00 Projected Interest - Securities 4,676,857.95 Class C Interest Coverage Test Projected Interest - Eligible Investments 0.00 Projected Interest Payments on Notes 2,921,048.00 Class D Interest Coverage Test Projected Reinvestment Interest 0.00 Projected Interest Payments on Notes 3,300,560.00 Periodic Reserve Amount 0.00 Class E Interest Coverage Test Projected Interest Payments on Notes 4,138,800.00 Numerator Adjustment 0.00
Amounts payable pursuant to (A) - (F) -2,844,309.28
9,439,382.74
Deutsche Bank - Trust & Agency Services 14 - 1 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Collateral Quality Tests as of 30-Nov-2016
Test Description Trigger Current Result Prior Result Pass / Fail Comments 30-Nov-2016 31-Oct-2016
Moody's Maximum Weighted Average Rating Factor Test <= 3020.00 2738.76 2721.45 Pass Moody's Minimum Weighted Average Coupon Test >= 6.0000% 15.6175% 15.5754% Pass Moody's Minimum Weighted Average Floating Spread Test >= 3.87 4.75 4.71 Pass Moody's Minimum Weighted Average Recovery Rate Test >= 41.0 43.2 43.2 Pass Fitch Maximum Weighted Average Rating Factor Test <= 34.00 32.38 32.35 Pass Fitch Minimum Weighted Average Recovery Rate Test >= 62.6 62.9 63.0 Pass Fitch Minimum Weighted Average Coupon >= 5.00 6.02 5.99 Pass Fitch Minimum Weighted Average Spread Test >= 4.60% 4.75% 4.71% Pass Weighted Average Life Test <= 5.62 5.03 5.09 Pass Moody's Diversity Score >= 39 45 45 Pass
Deutsche Bank - Trust & Agency Services 15 - 1 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Concentration Limitation Tests as of 30-Nov-2016
Test Description Trigger Current Result Prior Result Numerator Denominator Pass/Fail Comments
30-Nov-2016 31-Oct-2016
(a) not less than 90 per cent. of the Aggregate Collateral Balance shall consist >= 90.00% 94.92% 95.13% 416,560,352.63 438,874,849.84 Pass of obligations which are Secured Senior Obligations (b) not more than 35 per cent. of the Aggregate Collateral Balance shall consist <= 35.00% 23.73% 23.56% 104,150,507.56 438,874,849.84 Pass of Senior Secured Bonds and High Yield Bond (c) not more than 10 per cent. of the Aggregate Collateral Balance shall consist <= 10.00% 5.08% 4.87% 22,314,497.21 438,874,849.84 Pass of Unsecured Senior Loans, Second Lien Loans, Mezzanine Obligations and High Yield Bonds (d)(i) not less than 5 per cent. of the Aggregate Collateral Balance shall consist >= 5.00% 5.34% 5.00% 23,425,000.00 438,874,849.84 Pass of obligations which are Fixed Rate Collateral Debt Obligations (d)(ii) not more than 15 per cent. of the Aggregate Collateral Balance shall <= 15.00% 5.34% 5.00% 23,425,000.00 438,874,849.84 Pass consist of obligations which are Fixed Rate Collateral Debt Obligations (e) not more than 20 per cent. of the Aggregate Collateral Balance shall consist <= 20.00% 3.50% 3.93% 15,372,037.49 438,874,849.84 Pass of obligations which are Asset Swap Obligations (f) not more than 2.5 per cent. of the Aggregate Collateral Balance shall consist <= 2.50% 0.00% 0.00% 0.00 438,874,849.84 Pass of obligations which are Unhedged Collateral Debt Obligations (g) not more than 5 per cent. of the Aggregate Collateral Balance shall consist <= 5.00% 0.00% 0.00% 0.00 438,874,849.84 Pass of obligations which are Unhedged Collateral Debt Obligations and Principal Hedged Obligations (h)not more than 5 per cent. of the Aggregate Collateral Balance shall consist <= 5.00% 0.00% 0.00% 0.00 438,874,849.84 Pass of obligations which are Swapped Non-Discount Obligations (i) not more than 10 per cent. of the Aggregate Collateral Balance shall consist <= 10.00% 7.26% 7.05% 31,875,234.20 438,874,849.84 Pass of Obligors who are Domiciled in countries or jurisdictions rated below "A-" by Fitch (j)(i) not more than 10 per cent. of the Aggregate Collateral Balance shall <= 10.00% 0.00% 0.00% 0.00 438,874,849.84 Pass consist of Obligors who are Domiciled in countries or jurisdictions with Moody's risk ceiling between “A1” and “Baa3” (j)(ii) not more than 5 per cent. of the Aggregate Collateral Balance shall consist <= 5.00% 0.00% 0.00% 0.00 438,874,849.84 Pass of Obligors who are Domiciled in countries or jurisdictions with Moody's risk ceiling between “Baa1” and “Baa3” (k) not more than 5 per cent. of the Aggregate Collateral Balance shall consist <= 5.00% 0.00% 0.00% 0.00 438,874,849.84 Pass of Current Obligations (l) Not more than 5 per cent. of the Aggregate Collateral Balance may consist of <= 5.00% 0.00% 0.00% 0.00 438,874,849.84 Pass Unfunded Amounts and Funded Amounts under Revolving Obligations and/or Delayed Drawdown Collateral Debt Obligations (m)(i) not more than 5 per cent. of the Aggregate Collateral Balance shall <= 5.00% 0.00% 0.00% 0.00 438,874,849.84 Pass consist of Corporate Rescue Loans, provided that (m)(ii) no more than 2 per cent. shall consist of Corporate Rescue Loans of a <= 2.00% 0.00% 0.00% 0.00 438,874,849.84 Pass single Obligor (n) not more than 5 per cent. of the Aggregate Collateral Balance shall consist <= 5.00% 0.00% 0.00% 0.00 438,874,849.84 Pass of obligations which are PIK Securities
Deutsche Bank - Trust & Agency Services 16 - 1 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Concentration Limitation Tests as of 30-Nov-2016
Test Description Trigger Current Result Prior Result Numerator Denominator Pass/Fail Comments
30-Nov-2016 31-Oct-2016
(o) not more than 5 per cent. of the Aggregate Collateral Balance shall consist <= 5.00% 0.00% 0.00% 0.00 438,874,849.84 Pass of obligations which are Annual Obligations (p) not more than 7.5 per cent. of the Aggregate Collateral Balance shall consist <= 7.50% 3.83% 3.62% 16,814,497.21 438,874,849.84 Pass of obligations which are Caa Obligations (q) not more than 7.5 per cent. of the Aggregate Collateral Balance shall consist <= 7.50% 0.10% 0.10% 440,426.97 438,874,849.84 Pass of obligations which are Fitch CCC Obligations (r) not more than 10 per cent. of the Aggregate Collateral Balance shall consist <= 10.00% 0.00% 0.00% 0.00 438,874,849.84 Pass of obligations whose Moody's Rating is derived from an S&P rating (s)(i) with respect to Senior Secured Loans and Senior Secured Bonds not <= 2.50% 2.28% 2.33% 9,995,956.36 438,874,849.84 Pass more than 2.5 per cent. of the Aggregate Collateral Balance shall be the obligation of any single Obligor (s)(ii)the Aggregate Principal Balance of obligations of 3 Obligors may each <= 3.00% 2.51% 2.51% 11,000,000.00 438,874,849.84 Pass represent up to 3 per cent. each (t)(i) with respect to Senior Unsecured Obligations, Second Lien Loans, <= 1.50% 0.68% 0.68% 3,000,000.00 438,874,849.84 Pass Mezzanine Obligations and High Yield Bonds, in aggregate, not more than 1.5 per cent. of the Aggregate Collateral Balance shall be the obligation of any single Obligor (t)(ii) provided that up to 3 Obligors may represent up to 2 per cent. each <= 2.00% 1.14% 1.14% 5,000,000.00 438,874,849.84 Pass
(u) not more than 3 per cent. of the Aggregate Collateral Balance shall be the <= 3.00% 2.98% 2.99% 13,100,000.00 438,874,849.84 Pass obligation of any single Obligor; (v)(i) one Moody’s industry classification may comprise between up to 15 per <= 15.00% 11.40% 11.46% 50,048,763.70 438,874,849.84 Pass cent. of the Aggregate Collateral Balance (v)(ii) any two Moody’s industry classifications may comprise up to 12 per cent. <= 12.00% 10.58% 10.80% 46,432,614.45 438,874,849.84 Pass of the Aggregate Collateral Balance (v)(iii) not more than 10 per cent. of the Aggregate Collateral Balance shall be <= 10.00% 8.05% 8.12% 35,307,563.90 438,874,849.84 Pass obligations comprising any one Moody’s industry classification (w)(i) not more than 20 per cent. of the Aggregate Collateral Balance shall be <= 20.00% 11.40% 10.50% 50,048,763.70 438,874,849.84 Pass obligations comprising any one Fitch industry category (w)(ii) not more than 50 per cent in respect of the three Fitch industry <= 50.00% 29.44% 27.20% 129,215,221.00 438,874,849.84 Pass categories containing the most Collateral Debt Obligations (x) not more than 5 per cent. of the Aggregate Collateral Balance shall consist <= 5.00% 0.00% 0.00% 0.00 438,874,849.84 Pass of Participations (y) not more than 2.5 per cent. of the Aggregate Collateral Balance shall <= 2.50% 0.00% 0.00% 0.00 438,874,849.84 Pass consist of Bridge Loans (z)(i) Aggregate Third Party Credit Exposure Risk Limitations AAA <= 5.00% 0.00% 0.00% 0.00 438,874,849.84 Pass
(z)(ii) Individual Third Party Credit Exposure Risk Limitations AAA <= 5.00% 0.00% 0.00% 0.00 433,641,454.07 Pass
(z)(iii) Aggregate Third Party Credit Exposure Risk Limitations AA+ <= 5.00% 0.00% 0.00% 0.00 438,874,849.84 Pass
(z)(iv) Individual Third Party Credit Exposure Risk Limitations AA+ <= 5.00% 0.00% 0.00% 0.00 433,641,454.07 Pass
Deutsche Bank - Trust & Agency Services 16 - 2 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Concentration Limitation Tests as of 30-Nov-2016
Test Description Trigger Current Result Prior Result Numerator Denominator Pass/Fail Comments
30-Nov-2016 31-Oct-2016
(z)(v) Aggregate Third Party Credit Exposure Risk Limitations AA <= 10.00% 0.00% 0.00% 0.00 438,874,849.84 Pass
(z)(vi) Individual Third Party Credit Exposure Risk Limitations AA <= 5.00% 0.00% 0.00% 0.00 433,641,454.07 Pass
(z)(vii) Aggregate Third Party Credit Exposure Risk Limitations AA- <= 10.00% 0.00% 0.00% 0.00 438,874,849.84 Pass
(z)(viii) Individual Third Party Credit Exposure Risk Limitations AA- <= 10.00% 0.00% 0.00% 0.00 433,641,454.07 Pass
(z)(ix) Aggregate Third Party Credit Exposure Risk Limitations A+ <= 5.00% 0.00% 0.00% 0.00 438,874,849.84 Pass
(z)(x) Individual Third Party Credit Exposure Risk Limitations A+ <= 5.00% 0.00% 0.00% 0.00 433,641,454.07 Pass
(z)(xi) Aggregate Third Party Credit Exposure Risk Limitations A <= 5.00% 0.00% 0.00% 0.00 438,874,849.84 Pass
(z)(xii) Individual Third Party Credit Exposure Risk Limitations A <= 5.00% 0.00% 0.00% 0.00 433,641,454.07 Pass
(z)(xiii) Aggregate Third Party Credit Exposure Risk Limitations A- <= 0.00% 0.00% 0.00% 0.00 438,874,849.84 Pass
(z)(xiv) Individual Third Party Credit Exposure Risk Limitations A- <= 0.00% 0.00% 0.00% 0.00 433,641,454.07 Pass
(aa) not more than 20 per cent. of the Aggregate Collateral Balance shall <= 20.00% 2.09% 2.09% 9,172,400.42 438,874,849.84 Pass consist of Cov-Lite Loans (bb) not more than 20 per cent. of the Aggregate Collateral Balance shall <= 20.00% 0.00% 0.00% 0.00 438,874,849.84 Pass consist of loans to an Obligor which is a Portfolio Company
Deutsche Bank - Trust & Agency Services 16 - 3 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC CounterParty Sub-Participation Exposure as of 30-Nov-2016 CounterParty Name CounterParty Rating Obligation Maturity Date All In Interest Coupon Funded Principal Balance Rate (%) Margin Amount (EUR) Moody's S&P Fitch (bps)
**Nothing to report**
Deutsche Bank - Trust & Agency Services 17 - 1 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Country Diversification / Obligor Count By Value as of 30-Nov-2016
Geographical Split By Country Obligor Count Split in 2.5 million EUR Bands 50
40
Luxembourg United Kingdom 10.02% 30 13.60% Netherlands United States 6.98% 15.14% Spain 20 5.51%
Number Of Obligors 10
0
2.50 5.00 7.50 10.00 12.50 15.00
Switzerland EUR Value Bands (mm's) 4.30% Norway The values are grouped within their band floor amount (mm) as shown on the x-axis 1.97% Italy France 1.84% 16.03% Others Germany 6.47% 18.14% Top 10 Obligors
Obligor Balance (mm's) Portfolio (EUR)
DESARROLLOS EMPRESARIALES PIERA SL 13.1 2.99% Others Include COLOUROZ MIDCO 12.3 2.81% Ireland 1.57% AENOVA HOLDING GMBH 12.0 2.74% Belgium 1.45% DRY MIX SOLUTIONS INVESTISSEMENTS SAS 11.0 2.51% Sweden 1.27% SIGNODE IND GR LUX S.A. 10.2 2.34% Cayman Islands 0.69% ZIGGO SECURED FINANCE BV 10.0 2.28% Hong Kong 0.68% EIRCOM FINCO S.A.R.L. 8.4 1.93% Finland 0.46% INEOS FINANCE PLC 8.2 1.87% Channel Islands 0.35% UNIVAR INC. (ULIXES) 7.9 1.81% IGLO FOODS MIDCO LIMITED 7.9 1.80%
Deutsche Bank - Trust & Agency Services 18 - 1 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Assets by Moody's Industry as of 30-Nov-2016
Chemicals, Plastics and Rubber 11.5
Telecommunications 10.7
Healthcare, Education and Childcare 8.5
Diversified/Conglomerate Service 8.1
Hotels, Motels, Inns and Gaming 8.0
Banking 5.7
Diversified/Conglomerate Manufacturing 5.5
Containers, Packaging and Glass 5.4
Beverage, Food and Tobacco 4.7
Electronics 4.1
Retail Store 3.7
Broadcasting and Entertainment 3.4
Printing and Publishing 3.4
Machinery (Non-Agriculture, Non-Construction and Non-Electronic) 2.9
Personal and Non-Durable Consumer Products (Manufacturing Only) 2.8
Mining, Steel, Iron and Non-Precious Metals 2.7
Leisure, Amusement and Entertainment - Europe 2.3
Diversified Natural Resources, Precious Metals and Minerals 2.1 Home and Office Furnishings, Housew ares and Durable Consumer 1.5 Products Automobile 1.1
Utilities 0.8
Oil and Gas 0.7
Personal Transportation 0.5
0 2 4 6 8 10 12
Value in Percentage
Deutsche Bank - Trust & Agency Services 19 - 1 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Assets by Fitch Industry as of 30-Nov-2016
Chemicals 11.5
Telecommunications 10.0
Healthcare 8.2
Industrial/Manufacturing 6.8
Banking & Finance 6.6
Packaging & Containers 6.3
Broadcasting and Media 6.0
Pharmaceuticals 4.9
Building and Materials 4.8
Computers and Electronics 4.7
Food, Beverage, & Tobacco 4.7
Gaming, Leisure & Entertainment 4.1
Retail (General) 3.7
Cable 3.2
Business Services 2.8
Transportation & Distribution 2.8
Lodging and restaurants 2.2
Utilities (Pow er) 1.4
Consumer Products 1.2
Paper & Forest Products 1.2
Automobiles 1.1
Real Estate 0.9
Aerospace & Defense 0.7
0 2 4 6 8 10 12
Value in Percentage
Deutsche Bank - Trust & Agency Services 20 - 1 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Rating Details as of 30-Nov-2016
Issuer Issue Name Seniority Rating at Acquistion Prior Rating Current Rating Principal Balance Moody's Fitch Moody's Fitch Moody's Fitch (EUR) Rating
1908 ACQUISITION B.V. FACILITY B Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 6,500,000.00
AENOVA HOLDING GMBH SECOND LIEN Senior Unsecured Shadow Shadow Caa1 Shadow Caa1 Shadow 3,000,000.00
AENOVA HOLDING GMBH SECOND LIEN Senior Unsecured Shadow Shadow Caa1 Shadow Caa1 Shadow 2,000,000.00
AENOVA HOLDING GMBH TEMMLER WERKE HOLDING Senior Secured Shadow Shadow Caa1 Shadow Caa1 Shadow 7,000,000.00
AI AVOCADO HOLDING B.V. FACILITY B2 Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 1,500,000.00
ALISON BIDCO SARL (ALSTOM) INITIAL EURO TERM B-1 LOANS Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 2,426,263.69
ALISON BIDCO SARL (ALSTOM) INITIAL EURO TERM B-2 LOANS Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 2,903,920.92
ALL 3 MEDIA GBP B FACILITY Senior Secured Shadow Shadow B3 Shadow B3 Shadow 6,836,500.00
ALLNEX (LUXEMBOURG) & CY S.C.A. FACILITY B1 Senior Secured Shadow Shadow B1 Shadow B1 Shadow 1,250,000.00 (MONARCH) ALTICE FINANCING SA ALTICE 5 1/4 Senior Secured Shadow Shadow B1 Shadow B1 Shadow 1,000,000.00
ALTICE FINANCING SA REFINANCING FACILITY Senior Secured Shadow Shadow B1 Shadow B1 Shadow 990,025.00
ALTICE LUXEMBURG SA ATCNA 6 1/4 Senior Unsecured Shadow Shadow B1 Shadow B1 Shadow 3,000,000.00
ARDAGH PKG FIN/MP HD USA ARGID 4 Senior Secured Shadow Shadow B2 Shadow B2 Shadow 1,000,000.00
ARDAGH PKG FIN/MP HD USA ARGID 4 Senior Secured Shadow Shadow B2 Shadow B2 Shadow 500,000.00
ARROW GLOBAL FINANCE ARRGL FLOAT 05/01/23 CORP Senior Secured Shadow Shadow B1 Shadow B1 Shadow 1,000,000.00
ARROW GLOBAL FINANCE ARRGL FLOAT 05/01/23 CORP Senior Secured Shadow Shadow B1 Shadow B1 Shadow 1,000,000.00
ARROW GLOBAL FINANCE ARRGL FLOAT 05/01/23 CORP Senior Secured Shadow Shadow B1 Shadow B1 Shadow 500,000.00
ARUBA INVESTMENTS INC (ANGUS EUR TLB 1 Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 975,000.00 CHEMICAL) ARUBA INVESTMENTS INC (ANGUS EUR TLB 1 Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 1,000,000.00 CHEMICAL) ASA NEWCO GMBH FACILITY C Senior Secured Shadow Shadow Ba3 Shadow Ba3 Shadow 1,784,924.62
AURIS LUXEMBOURG III SA FACILITY B3 Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 1,970,062.50
AURIS LUXEMBOURG III SA INCREMENTAL FACILITY B5 Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 1,985,000.00
AVAST SOFTWARE B.V. INITIAL EUR TERM LOAN Hypo Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 1,000,000.00
Deutsche Bank - Trust & Agency Services 21 - 1 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Rating Details as of 30-Nov-2016
Issuer Issue Name Seniority Rating at Acquistion Prior Rating Current Rating Principal Balance Moody's Fitch Moody's Fitch Moody's Fitch (EUR) Rating
BARING PRIVATE EQUITY ASIA VI INITIAL EURO TERM LOAN 1ST Senior Secured Shadow Shadow B2 Shadow B2 Shadow 1,972,507.42 HOLDING (1) LTD LIEN BARING PRIVATE EQUITY ASIA VI INITIAL EURO TERM LOAN 1ST Senior Secured Shadow Shadow B2 Shadow B2 Shadow 997,500.00 HOLDING (1) LTD LIEN CABOT FINANCIAL LUXEMBOURG II ECPG FLOAT Senior Secured Shadow Shadow B2 Shadow B2 Shadow 1,000,000.00 SA CABOT FINANCIAL LUXEMBOURG II ECPG FLOAT Senior Secured Shadow Shadow B2 Shadow B2 Shadow 1,000,000.00 SA CATALENT PHARMA SOLUTIONS, INC EXTENDED EURO TERM LOAN Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 4,887,556.48 (PTS) CBR TEXTILES TERM B3A Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 212,868.34
CBR TEXTILES TERM C3A Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 227,558.63
CEP FACILITY B4 Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 2,933,474.95
CERAMTEC (FAENZA ACQUISITION INITIAL EURO TERM B-1 LOANS Senior Secured B2 B B2 Shadow B2 Shadow 2,300,322.52 GMBH) CERAMTEC (FAENZA ACQUISITION INITIAL EURO TERM B-2 LOANS Senior Secured Shadow Shadow B2 Shadow B2 Shadow 699,677.48 GMBH) COLOUROZ MIDCO INITIAL EURO TERM LOAN Mezzanine Shadow Shadow B2 Shadow B2 Shadow 3,000,000.00 SECOND LIEN COLOUROZ MIDCO TERM LOAN Senior Secured Shadow Shadow B2 Shadow B2 Shadow 4,900,000.00
COLOUROZ MIDCO TERM LOAN Senior Secured Shadow Shadow B2 Shadow B2 Shadow 4,409,999.99
COMPASS HOLDCO 2 LIMITED FACILITY B Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 2,828,000.00
CYAN BLUE HOLDCO 3 LIMITED INITIAL TERM LOAN Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 2,730,000.00
DELACHAUX (SODELHO S.A.) RAILTECH INTL SA Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 4,259,367.26
DELACHAUX (SODELHO S.A.) RAILTECH INTL SA Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 972,741.57
DESARROLLOS EMPRESARIALES FACILITY B2 Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 10,600,000.00 PIERA SL DESARROLLOS EMPRESARIALES SECOND LIEN FACILITY Senior Unsecured Shadow Shadow Shadow Shadow Shadow Shadow 1,500,000.00 PIERA SL DESARROLLOS EMPRESARIALES SECOND LIEN FACILITY Senior Unsecured Shadow Shadow Shadow Shadow Shadow Shadow 1,000,000.00 PIERA SL
Deutsche Bank - Trust & Agency Services 21 - 2 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Rating Details as of 30-Nov-2016
Issuer Issue Name Seniority Rating at Acquistion Prior Rating Current Rating Principal Balance Moody's Fitch Moody's Fitch Moody's Fitch (EUR) Rating
DIEBOLD, INC. EURO TERM B LOAN Senior Secured Shadow Shadow Ba3 Shadow Ba3 Shadow 2,500,000.00
DOUGLAS GMBH Douglas Finance B.V. Senior Secured Shadow Shadow B2 Shadow B2 Shadow 43,399.30
DOUGLAS GMBH Douglas Finance B.V. Senior Secured Shadow Shadow B2 Shadow B2 Shadow 235,491.65
DOUGLAS GMBH Douglas GmbH Senior Secured Shadow Shadow B2 Shadow B2 Shadow 152,504.41
DOUGLAS GMBH Douglas GmbH Senior Secured Shadow Shadow B2 Shadow B2 Shadow 480,688.09
DOUGLAS GMBH Groupe Nocibe France S.A.S. Senior Secured Shadow Shadow B2 Shadow B2 Shadow 57,802.68
DOUGLAS GMBH Groupe Nocibe France S.A.S. Senior Secured Shadow Shadow B2 Shadow B2 Shadow 381,378.54
DOUGLAS GMBH Kirk Beauty Netherlands B.V. Senior Secured Shadow Shadow B2 Shadow B2 Shadow 49,350.64
DOUGLAS GMBH Kirk Beauty Netherlands B.V. Senior Secured Shadow Shadow B2 Shadow B2 Shadow 128,183.49
DOUGLAS GMBH Kirk Beauty Netherlands B.V. Senior Secured Shadow Shadow B2 Shadow B2 Shadow 208,298.17
DOUGLAS GMBH Nocibe France S.A.S. Senior Secured Shadow Shadow B2 Shadow B2 Shadow 11,785.66
DOUGLAS GMBH Nocibe France S.A.S. Senior Secured Shadow Shadow B2 Shadow B2 Shadow 85,810.17
DOUGLAS GMBH Parfuemerie Douglas GmbH Senior Secured Shadow Shadow B2 Shadow B2 Shadow 36,928.59
DOUGLAS GMBH Parfuemerie Douglas GmbH Senior Secured Shadow Shadow B2 Shadow B2 Shadow 466,872.15
DOUGLAS GMBH Parfuemerie Douglas Senior Secured Shadow Shadow B2 Shadow B2 Shadow 102,816.34 International GmbH DOUGLAS GMBH Parfuemerie Douglas Senior Secured Shadow Shadow B2 Shadow B2 Shadow 558,690.12 International GmbH DRY MIX SOLUTIONS DRYMIX FLOAT 21 Senior Secured B2 B B1 Shadow B1 Shadow 8,000,000.00 INVESTISSEMENTS SAS DRY MIX SOLUTIONS DRYMIX FLOAT 21 Senior Secured B2 B B1 Shadow B1 Shadow 500,000.00 INVESTISSEMENTS SAS DRY MIX SOLUTIONS DRYMIX FLOAT 21 Senior Secured B2 B B1 Shadow B1 Shadow 2,500,000.00 INVESTISSEMENTS SAS EIRCOM FINANCE DESIGNATED EIRCMF 4 05/31/22 CORP Senior Secured Shadow Shadow B2 Shadow B2 Shadow 625,000.00 ACTIVITY COMPANY EIRCOM FINCO S.A.R.L. FACILITY B5 Senior Secured Shadow Shadow B2 Shadow B2 Shadow 8,403,260.57
EIRCOM FINCO S.A.R.L. FACILITY B5 Senior Secured Shadow Shadow B2 Shadow B2 Shadow 30,086.47
Deutsche Bank - Trust & Agency Services 21 - 3 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Rating Details as of 30-Nov-2016
Issuer Issue Name Seniority Rating at Acquistion Prior Rating Current Rating Principal Balance Moody's Fitch Moody's Fitch Moody's Fitch (EUR) Rating
ELEMENT MATERIALS TECHNOLOGY EMT 2 HOLDING LTD Senior Secured Shadow Shadow B2 Shadow B2 Shadow 2,000,000.00
ELEMENT MATERIALS TECHNOLOGY EMT 2 HOLDING LTD Senior Secured Shadow Shadow B2 Shadow B2 Shadow 1,000,000.00
FINANCIERE QUICK SAS QUICK CDCEPS FLOAT 19 Senior Secured B3 B- B3 Shadow B3 Shadow 908,676.34
FINANCIERE QUICK SAS QUICK CDCEPS FLOAT 19 Senior Secured B3 B- B3 Shadow B3 Shadow 1,250,000.00
FINANCIERE QUICK SAS QUICK CDCEPS FLOAT 19 Senior Secured B3 B- B3 Shadow B3 Shadow 2,750,000.00
FINANCIERE QUICK SAS QUICK CDCEPS FLOAT 19 Senior Unsecured B3 B- B3 Shadow B3 Shadow 870,967.47
FINANCIERE QUICK SAS QUICK CDCEPS FLOAT 19 Senior Unsecured B3 B- B3 Shadow B3 Shadow 750,000.00
FINANCIERE QUICK SAS QUICK CDCEPS FLOAT 19 Senior Unsecured B3 B- B3 Shadow B3 Shadow 250,000.00
FORMULA ONE GROUP (Alpha Topco, NEW FACILITY B (EUR) Senior Secured B2 Shadow B3 Shadow B3 Shadow 1,477,329.98 Delta 2) FORMULA ONE GROUP (Alpha Topco, NEW FACILITY B (EUR) Senior Secured Shadow Shadow B3 Shadow B3 Shadow 4,908,107.02 Delta 2) FORMULA ONE GROUP (Alpha Topco, SECOND LIEN FACILITY LOAN Senior Unsecured Shadow Shadow B3 Shadow B3 Shadow 943,529.74 Delta 2) FRESCO INVESTMENTS S.A.R.L TLB2 Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 3,275,234.20
GARDNER DENVER INC INITIAL EURO TERM LOAN Senior Secured Shadow Shadow B3 Shadow B3 Shadow 1,979,591.84
GARDNER DENVER INC INITIAL EURO TERM LOAN Senior Secured Shadow Shadow B3 Shadow B3 Shadow 1,000,000.00
GARFUNKELUX HOLDCO 3 SA GFKLDE FLOAT CORP Senior Secured Shadow Shadow B2 Shadow B2 Shadow 1,500,000.00
GARFUNKELUX HOLDCO 3 SA GFKLDE FLOAT CORP Senior Secured Shadow Shadow B2 Shadow B2 Shadow 500,000.00
GATES GLOBAL INC INITIAL EURO TERM LOANS Senior Secured B3 B- B3 Shadow B3 Shadow 4,829,084.14
GENESYS TELECOM HOLDINGS U.S., EURO TERM LOAN Senior Secured Shadow B Shadow Shadow Shadow Shadow 1,686,868.69 INC. GENESYS TELECOM HOLDINGS U.S., EURO TERM LOAN Senior Secured Shadow B Shadow Shadow Shadow Shadow 1,237,373.72 INC. GUALA CLOSURES SPA GCLIM FLOAT CORP Senior Secured B Shadow B2 Shadow B2 Shadow 1,000,000.00
IGLO FOODS MIDCO LIMITED FACILITY C1 Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 5,297,768.48
IGLO FOODS MIDCO LIMITED FACILITY C1 Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 562,500.00
IGLO FOODS MIDCO LIMITED IGBOND FLOAT Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 2,000,000.00
Deutsche Bank - Trust & Agency Services 21 - 4 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Rating Details as of 30-Nov-2016
Issuer Issue Name Seniority Rating at Acquistion Prior Rating Current Rating Principal Balance Moody's Fitch Moody's Fitch Moody's Fitch (EUR) Rating
IMS HEALTH INCORPORATED TERM B EURO LOAN Senior Secured B1 B+ Ba2 Shadow Ba2 Shadow 1,950,000.00
INEOS FINANCE PLC 2020 EURO TERM LOAN Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 5,227,391.50
INEOS FINANCE PLC 2022 EURO TERM LOANS Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 2,954,983.92
INFINITAS FACILITY B Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 4,500,000.00
INFORMATICA CORPORATION (ITALIC EURO TERM LOAN Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 2,962,500.00 MERGER SUB INC) INFORMATICA CORPORATION (ITALIC EURO TERM LOAN Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 997,500.00 MERGER SUB INC) INOVYN FINANCE PLC 2021 TRANCHE B EURO TERM Senior Secured Shadow Shadow B2 Shadow B2 Shadow 997,500.00 LOAN INOVYN FINANCE PLC KERLIN 6 05/15/21 CORP Senior Secured Shadow Shadow B2 Shadow B2 Shadow 500,000.00
INTEROUTE FINCO TERM LOAN HYPO Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 1,000,000.00
ION TRADING TECHNOLOGIES LTD TRANCHE B-1 EURO TERM Senior Secured Shadow B B2 Shadow B2 Shadow 3,690,000.00 LOANS ION TRADING TECHNOLOGIES LTD TRANCHE B-1 EURO TERM Senior Secured Shadow Shadow B2 Shadow B2 Shadow 1,000,000.00 LOANS KERNEOS CORPORATE SAS KERNEOS FLOAT 21 Senior Secured B2 Shadow B1 Shadow B1 Shadow 1,000,000.00
KERNEOS CORPORATE SAS KERNEOS FLOAT 21 Senior Secured Shadow Shadow B1 Shadow B1 Shadow 2,000,000.00
KERNEOS CORPORATE SAS KERNEOS FLOAT 21 Senior Secured Shadow Shadow B1 Shadow B1 Shadow 2,000,000.00
KERNEOS CORPORATE SAS KERNEOS FLOAT 21 Senior Secured Shadow Shadow B1 Shadow B1 Shadow 1,000,000.00
KETER GROUP B.V FACILITY B1 Senior Secured Shadow Shadow B2 Shadow B2 Shadow 1,000,000.00
KIWI HOLDING IV S.A.R.L FACILITY B Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 2,000,000.00
KIWI HOLDING IV S.A.R.L FACILITY B Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 1,000,000.00
LECTA SA LECTA CORP Senior Secured Shadow Shadow B2 B- B2 B- 1,000,000.00
LECTA SA LECTA CORP Senior Secured Shadow Shadow B2 B- B2 B- 1,000,000.00
LECTA SA LECTA CORP Senior Secured Shadow Shadow B2 B- B2 B- 500,000.00
LECTA SA LECTA FLOAT CORP Senior Secured Shadow Shadow B2 B- B2 B- 1,000,000.00
LECTA SA LECTA FLOAT CORP Senior Secured Shadow Shadow B2 B- B2 B- 500,000.00
Deutsche Bank - Trust & Agency Services 21 - 5 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Rating Details as of 30-Nov-2016
Issuer Issue Name Seniority Rating at Acquistion Prior Rating Current Rating Principal Balance Moody's Fitch Moody's Fitch Moody's Fitch (EUR) Rating
LECTA SA LECTA FLOAT CORP Senior Secured Shadow Shadow B2 B- B2 B- 500,000.00
LECTA SA LECTA FLOAT CORP Senior Secured Shadow Shadow B2 B- B2 B- 500,000.00
LOCK AS LINDOR 7 Senior Secured Shadow Shadow B2 Shadow B2 Shadow 800,000.00
LOCK AS LINDOR FLOAT Senior Secured Shadow Shadow B2 Shadow B2 Shadow 3,750,000.00
LOCK AS LINDOR FLOAT Senior Secured Shadow Shadow B2 Shadow B2 Shadow 2,400,000.00
LOCK AS LINDOR FLOAT Senior Secured Shadow Shadow B2 Shadow B2 Shadow 600,000.00
LULLY FINANCE S.A.R.L. INITIAL TERM B-2 LOAN FIRST Senior Secured Shadow Shadow B2 Shadow B2 Shadow 2,000,000.00 LIEN LULLY FINANCE S.A.R.L. INITIAL TERM B-2 LOAN FIRST Senior Secured Shadow Shadow B2 Shadow B2 Shadow 1,000,000.00 LIEN LYNGEN BIDCO AS FACILITY B4 Senior Secured Shadow Shadow Shadow B Shadow B 1,000,000.00
MACDERMID INC. (PLATFORM TERM LOAN HYPO Senior Secured Shadow Shadow B2 Shadow B2 Shadow 2,000,000.00 SPECIALTY) MATTERHORN TELECOM HOLDING SA MATTER 4 Senior Unsecured Shadow Shadow B2 Shadow B2 Shadow 2,000,000.00
MATTERHORN TELECOM HOLDING SA MATTER 4 Senior Unsecured Shadow Shadow B2 Shadow B2 Shadow 1,000,000.00
MATTERHORN TELECOM HOLDING SA MATTER 4 Senior Unsecured Shadow Shadow B2 Shadow B2 Shadow 500,000.00
MATTERHORN TELECOM SA MATTER FLOAT Senior Secured Shadow Shadow B2 Shadow B2 Shadow 1,500,000.00
MONITCHEM HOLDCO 3 S.A. CABBCO FLOAT Senior Secured Shadow Shadow B3 Shadow B3 Shadow 4,000,000.00
MONITCHEM HOLDCO 3 S.A. CABBCO FLOAT Senior Secured Shadow Shadow B3 Shadow B3 Shadow 1,000,000.00
MULTI PACKAGING SOLUTIONS EURO TERM C Senior Secured Shadow Shadow B1 Shadow B1 Shadow 4,586,775.51 LIMITED NBTY INC STERLING TERM B LOAN Senior Secured Shadow Shadow B2 Shadow B2 Shadow 2,977,537.50
NETINVEST LIMITED FACILITY B Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 2,000,000.00
NOVAFIVES SAS NVFVES FLOAT Senior Secured Ba3 BB- B2 Shadow B2 Shadow 7,750,000.00
ONEX WIZARD ACQUISITION INITIAL EURO TERM LOAN Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 1,970,000.00 COMPANY I SARL OPTIMA SUB FINCO LIMITED TERM FACILITY B2 Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 5,000,000.00
OXEA SARL TRANCHE B-1 TERM LOAN Senior Secured Shadow Shadow B3 Shadow B3 Shadow 939,258.92
Deutsche Bank - Trust & Agency Services 21 - 6 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Rating Details as of 30-Nov-2016
Issuer Issue Name Seniority Rating at Acquistion Prior Rating Current Rating Principal Balance Moody's Fitch Moody's Fitch Moody's Fitch (EUR) Rating
OXEA SARL TRANCHE B-1 TERM LOAN Senior Secured Shadow Shadow B3 Shadow B3 Shadow 2,992,385.79
OXEA SARL TRANCHE B-1 TERM LOAN Senior Secured Shadow Shadow B3 Shadow B3 Shadow 1,989,743.58
OXEA SARL TRANCHE B-1 TERM LOAN Senior Secured Shadow Shadow B3 Shadow B3 Shadow 1,000,000.00
PAROC GROUP OY AB PAROCG FLOAT Senior Secured Shadow B Shadow Shadow Shadow Shadow 2,000,000.00
PERTENTO S.A.R.L. FACILITY B Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 3,500,000.00
PERTENTO S.A.R.L. FACILITY B Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 2,000,000.00
PERTENTO S.A.R.L. FACILITY B Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 2,000,000.00
PICARD GROUPE S.A.S. PICSUR FLOAT-15 Senior Secured Shadow Shadow B2 B B2 B 4,695,863.75
PQ CORPORATION TERM B-2 TERM LOAN Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 997,500.00
RANPAK CORP. EURO TERM LOAN Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 3,920,300.00
REDTOP ACQUISITIONS LIMITED (CPA INITIAL EURO TERM LOAN Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 1,500,000.00 GLOBAL) REMEDCO HOLDING B.V. TERM B1 Senior Secured Shadow Shadow B3 Shadow B3 Shadow 2,500,000.00
RIEMSER PHARMA GMBH FACILITY B Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 2,500,000.00
RIEMSER PHARMA GMBH FACILITY B Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 1,000,000.00
RIEMSER PHARMA GMBH FACILITY B Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 1,000,000.00
SAM BIDCO FACILITY B1A Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 1,668,358.17
SAM BIDCO FACILITY B1B Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 734,664.59
SAM BIDCO SECOND LIEN NOTES Senior Unsecured Shadow Shadow Shadow Shadow Shadow Shadow 1,000,000.00
SAM FINANCE LUX S.A.R.L. EURO TERM LOAN Senior Secured Shadow BB Shadow Shadow Shadow Shadow 967,532.27
SAM FINANCE LUX S.A.R.L. EURO TERM LOAN Senior Secured Shadow BB Shadow Shadow Shadow Shadow 4,900,000.00
SCANDLINES APS FACILITY B Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 349,231.00
SCANDLINES APS FACILITY B Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 837,307.75
SCANDLINES APS FACILITY B Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 837,307.75
SCHENCK PROCESS FINANCE GMBH FACILITY B EUR Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 2,000,000.00
SCHUMANN SPA SCHMAN CORP Senior Secured Shadow Shadow B1 Shadow B1 Shadow 750,000.00
Deutsche Bank - Trust & Agency Services 21 - 7 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Rating Details as of 30-Nov-2016
Issuer Issue Name Seniority Rating at Acquistion Prior Rating Current Rating Principal Balance Moody's Fitch Moody's Fitch Moody's Fitch (EUR) Rating
SCHUMANN SPA SCHMAN FLOAT CORP Senior Secured Shadow Shadow B1 Shadow B1 Shadow 1,500,000.00
SCHUMANN SPA SCHMAN FLOAT CORP Senior Secured Shadow Shadow B1 Shadow B1 Shadow 250,000.00
SIGNODE IND GR LUX S.A. TERM LOAN B-EUR Senior Secured B2 B B2 Shadow B2 Shadow 1,974,974.74
SIGNODE IND GR LUX S.A. TERM LOAN B-EUR Senior Secured B2 B B2 Shadow B2 Shadow 2,468,718.44
SIGNODE IND GR LUX S.A. TERM LOAN B-EUR Senior Secured B2 B B2 Shadow B2 Shadow 1,974,974.74
SIGNODE IND GR LUX S.A. TERM LOAN B-EUR Senior Secured B2 B B2 Shadow B2 Shadow 1,974,974.74
SIGNODE IND GR LUX S.A. TERM LOAN B-EUR Senior Secured Shadow Shadow B2 Shadow B2 Shadow 1,850,359.85
SNAI SPA SNAIM FLOAT 11/07/21 CORP Senior Secured Shadow Shadow B2 Shadow B2 Shadow 500,000.00
SOLENIS INTERNATIONAL, L.P . TRANCHE C TERM LOAN Senior Secured Shadow Shadow B3 Shadow B3 Shadow 1,995,000.00
SOPPA HOLDINGS S.A.R.L. FIRST LIEN TERM LOAN Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 2,333,682.74
SOPPA HOLDINGS S.A.R.L. FIRST LIEN TERM LOAN Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 2,944,444.44
SOPPA HOLDINGS S.A.R.L. INCREMENTAL FACILITY Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 1,000,000.00
SPRINGER SCIENCE ( SPRINGER SBM SPRINGER VERLAG GMBH Senior Secured Shadow Shadow B2 Shadow B2 Shadow 2,425,701.04 TWO GMBH) SPRINGER SCIENCE ( SPRINGER SBM SPRINGER VERLAG GMBH Senior Secured Shadow Shadow B2 Shadow B2 Shadow 2,932,837.52 TWO GMBH) SWISSPORT GROUP SARL TERM LOAN B Senior Secured Shadow Shadow B3 Shadow B3 Shadow 1,500,000.00
SWISSPORT GROUP SARL TERM LOAN B Senior Secured Shadow Shadow B3 Shadow B3 Shadow 2,000,000.00
SYNLAB BONDCO PLC LABFP 6 1/4 Senior Secured Shadow Shadow Shadow B Shadow B 1,500,000.00
SYNLAB BONDCO PLC LABFP 6 1/4 Senior Secured Shadow Shadow Shadow B Shadow B 1,250,000.00
SYNLAB BONDCO PLC LABFP FLOAT CORP Senior Secured B+ Shadow Shadow B Shadow B 5,000,000.00
SYNLAB UNSECURED BONDCO PLC. LABFP 8 Senior Unsecured Shadow Shadow Shadow B Shadow B 500,000.00
SYNLAB UNSECURED BONDCO PLC. LABFP 8 Senior Unsecured Shadow Shadow Shadow B Shadow B 1,000,000.00
TACKLE SARL FACILITY B Senior Secured Shadow Shadow B1 Shadow B1 Shadow 4,000,000.00
TACKLE SARL FACILITY B Senior Secured Shadow Shadow B1 Shadow B1 Shadow 1,000,000.00
TAGHLEEF INDUSTRIES TOPCO FACILITY B Senior Secured Shadow Shadow Ba3 Shadow Ba3 Shadow 2,000,000.00 LIMITED
Deutsche Bank - Trust & Agency Services 21 - 8 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Rating Details as of 30-Nov-2016
Issuer Issue Name Seniority Rating at Acquistion Prior Rating Current Rating Principal Balance Moody's Fitch Moody's Fitch Moody's Fitch (EUR) Rating
TELE COLUMBUS AG INCREMENTAL FACILITY Senior Secured Shadow Shadow B2 Shadow B2 Shadow 3,000,000.00
TELENET INTERNATIONAL FINANCE TERM LOAN FACILITY AE Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 5,000,000.00 S.A.R.L. TMF GROUP TERM LOAN HYPO Senior Secured Shadow Shadow B2 Shadow B2 Shadow 307,657.77
TMF GROUP HOLDING BV TERM B1 Senior Secured Shadow Shadow B2 Shadow B2 Shadow 692,342.23
TRIANGLE FM SERVICES TOPCO FACILITY B1 Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 2,857,142.86 GMBH TRIANGLE FM SERVICES TOPCO FACILITY B2 Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 1,142,857.14 GMBH UMV GLOBAL FOODS COMPANY LTD FACILITY B2A Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 2,000,000.00
UMV GLOBAL FOODS COMPANY LTD FACILITY B2A Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 4,333,333.33
UNILABS DIAGNOSTICS AB FACILITY B Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 1,500,000.00
UNIVAR INC. (ULIXES) INITIAL EURO TERM LOAN Senior Secured Shadow Shadow B2 Shadow B2 Shadow 5,920,000.00
UNIVAR INC. (ULIXES) INITIAL EURO TERM LOAN Senior Secured Shadow Shadow B2 Shadow B2 Shadow 2,000,000.00
VEDICI FACILITY B Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 2,000,000.00
VERALLIA PACKAGING SAS FACILITY B2 Senior Secured Shadow Shadow B1 Shadow B1 Shadow 2,000,000.00
VERISURE HOLDING AB EURO TERM LOAN B1 Senior Secured Shadow Shadow B2 Shadow B2 Shadow 2,000,000.00
VERISURE HOLDING AB EURO TERM LOAN B1 Senior Secured Shadow Shadow B2 Shadow B2 Shadow 2,000,000.00
VIRIDIAN GROUP FUNDCO II VRDLN 7 Senior Secured Shadow Shadow B1 B+ B1 B+ 3,000,000.00
VUE INTERNATIONAL BIDCO VEUCIN FLOAT Senior Secured Shadow Shadow Shadow B Shadow B 4,000,000.00
WESTERN DIGITAL CORP EUR TERM LOAN B-1 Senior Secured Shadow Shadow Ba1 Shadow Ba1 Shadow 1,995,000.00
WESTERN DIGITAL CORP EUR TERM LOAN B-1 Senior Secured Shadow Shadow Ba1 Shadow Ba1 Shadow 1,000,000.00
WIND ACQUISITION FINANCE SA WINDIM FLOAT-15 Senior Secured Shadow Shadow B2 Shadow B2 Shadow 2,000,000.00
WIND ACQUISITION FINANCE SA WINDIM FLOAT-15 Senior Secured Shadow Shadow B2 Shadow B2 Shadow 1,000,000.00
WIND ACQUISITION FINANCE SA WINDIM FLOAT-15 Senior Secured Ba3 BB- B2 Shadow B2 Shadow 1,000,000.00
WOWMIDCO SAS FACILITY B Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 4,000,000.00
XEFIN XELLA FLOAT Senior Secured Ba3 Shadow B1 Shadow B1 Shadow 2,000,000.00
Deutsche Bank - Trust & Agency Services 21 - 9 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Rating Details as of 30-Nov-2016
Issuer Issue Name Seniority Rating at Acquistion Prior Rating Current Rating Principal Balance Moody's Fitch Moody's Fitch Moody's Fitch (EUR) Rating
YELLOW MAPLE HOLDING B.V. FACILITY B1 Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 4,779,204.11
YPSO FRANCE SAS / NUMERICABLE EURO TERM LOAN B7 Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 6,965,000.00 GROUP - SFR S.A. YPSO HOLDING SA TLB 10 REFINANCING TERM Senior Secured Shadow Shadow B1 Shadow B1 Shadow 995,000.00
ZIGGO SECURED FINANCE BV TERM LOAN FACILITY C Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 7,995,956.36
ZIGGO SECURED FINANCE BV ZIGGO CORP Senior Secured Shadow Shadow Shadow Shadow Shadow Shadow 2,000,000.00
433,641,454.08
Deutsche Bank - Trust & Agency Services 21 - 10 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Unsettled Trades as of 30-Nov-2016
Trade Date Issuer Facility Currency Original Original Principal Principal Amended Amended Price Premium/ Net Net Trade Trade Transaction Transaction Trade Trade Discount Amount Amount Quantity Quantity Trade (CCY) Trade (EUR) Quantity Quantity (CCY) (EUR) (CCY) (EUR) (CCY) (EUR)
Purchase
24-Jun-2016 OXEA SARL TRANCHE B-1 TERM EUR 2,000,000.00 2,000,000.00 10,256.42 10,256.42 1,989,743.58 1,989,743.58 98.250 -35,000.00 1,965,000.00 1,965,000.00 LOAN 12-Aug-2016 ION TRADING TRANCHE B-1 EURO EUR 1,000,000.00 1,000,000.00 0.00 0.00 1,000,000.00 1,000,000.00 99.750 -2,500.00 997,500.00 997,500.00 TECHNOLOGIES LTD TERM LOANS 06-Sep-2016 RIEMSER PHARMA GMBH FACILITY B EUR 1,000,000.00 1,000,000.00 0.00 0.00 1,000,000.00 1,000,000.00 99.500 -5,000.00 995,000.00 995,000.00
08-Sep-2016 RIEMSER PHARMA GMBH FACILITY B EUR 1,000,000.00 1,000,000.00 0.00 0.00 1,000,000.00 1,000,000.00 99.000 -10,000.00 990,000.00 990,000.00
30-Sep-2016 TMF GROUP TERM LOAN HYPO EUR 307,657.77 307,657.77 0.00 0.00 307,657.77 307,657.77 100.000 0.00 307,657.77 307,657.77
31-Oct-2016 WESTERN DIGITAL CORP EUR TERM LOAN B-1 EUR 1,000,000.00 1,000,000.00 0.00 0.00 1,000,000.00 1,000,000.00 101.500 15,000.00 1,015,000.00 1,015,000.00
03-Nov-2016 TELENET INTERNATIONAL TERM LOAN FACILITY EUR 5,000,000.00 5,000,000.00 0.00 0.00 5,000,000.00 5,000,000.00 100.000 0.00 5,000,000.00 5,000,000.00 FINANCE S.A.R.L. AE 04-Nov-2016 INTEROUTE FINCO TERM LOAN HYPO EUR 1,000,000.00 1,000,000.00 0.00 0.00 1,000,000.00 1,000,000.00 100.000 0.00 1,000,000.00 1,000,000.00
08-Nov-2016 GARDNER DENVER INC INITIAL EURO TERM EUR 1,000,000.00 1,000,000.00 0.00 0.00 1,000,000.00 1,000,000.00 98.750 -12,500.00 987,500.00 987,500.00 LOAN 09-Nov-2016 OXEA SARL TRANCHE B-1 TERM EUR 1,000,000.00 1,000,000.00 0.00 0.00 1,000,000.00 1,000,000.00 97.500 -25,000.00 975,000.00 975,000.00 LOAN 14-Nov-2016 FORMULA ONE GROUP SECOND LIEN FACILITY USD 1,000,000.00 943,529.74 0.00 0.00 1,000,000.00 943,529.74 100.730 7,300.00 1,007,300.00 950,417.51 (Alpha Topco, Delta 2) LOAN 21-Nov-2016 MACDERMID INC. TERM LOAN HYPO EUR 2,000,000.00 2,000,000.00 0.00 0.00 2,000,000.00 2,000,000.00 100.000 0.00 2,000,000.00 2,000,000.00 (PLATFORM SPECIALTY) 24-Nov-2016 LULLY FINANCE S.A.R.L. INITIAL TERM B-2 LOAN EUR 1,000,000.00 1,000,000.00 0.00 0.00 1,000,000.00 1,000,000.00 101.000 10,000.00 1,010,000.00 1,010,000.00 FIRST LIEN 29-Nov-2016 LECTA SA LECTA CORP EUR 500,000.00 500,000.00 0.00 0.00 500,000.00 500,000.00 99.750 9,944.44 498,750.00 498,750.00
18,751,187.51 10,256.42 18,740,931.09 18,691,825.28
Sale
27-Jul-2016 DELACHAUX (SODELHO PANDROL EUR 1,000,000.00 1,000,000.00 0.00 0.00 1,000,000.00 1,000,000.00 97.261 -27,390.00 972,610.00 972,610.00 S.A.) INTERNATIONAL LTD 27-Jul-2016 EMERALD 2 LIMITED FACILITY B2 EUR 3,000,000.00 3,000,000.00 0.00 0.00 3,000,000.00 3,000,000.00 92.500 -225,000.00 2,775,000.00 2,775,000.00
28-Jul-2016 DELACHAUX (SODELHO PANDROL EUR 1,000,000.00 1,000,000.00 0.00 0.00 1,000,000.00 1,000,000.00 97.125 -28,750.00 971,250.00 971,250.00 S.A.) INTERNATIONAL LTD 19-Oct-2016 EIRCOM FINCO S.A.R.L. FACILITY B5 EUR 1,000,000.00 1,000,000.00 0.00 0.00 1,000,000.00 1,000,000.00 100.500 5,000.00 1,005,000.00 1,005,000.00
19-Oct-2016 EUSKALTEL S.A. FACILITY B3 EUR 2,000,000.00 2,000,000.00 0.00 0.00 2,000,000.00 2,000,000.00 101.750 35,000.00 2,035,000.00 2,035,000.00
8,000,000.00 0.00 8,000,000.00 7,758,860.00
Deutsche Bank - Trust & Agency Services 22 - 1 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Portfolio Market Value as of 30-Nov-2016
Loan X ID Issuer Obligation CCY Principal Balance Principal Balance Market Market Value (CCY) (EUR) Price (%) (EUR)
LX139672 1908 ACQUISITION B.V. FACILITY B EUR 6,500,000.00 6,500,000.00 99.167 6,445,855.00
LX139191 AENOVA HOLDING GMBH DRAGENOPHARM APOTHEKER EUR 7,000,000.00 7,000,000.00 96.100 6,727,000.00 PUESCHL LX139193 AENOVA HOLDING GMBH SECOND LIEN EUR 5,000,000.00 5,000,000.00 87.531 4,376,550.00
LX141580 AI AVOCADO HOLDING B.V. FACILITY B2 EUR 1,500,000.00 1,500,000.00 98.250 1,473,750.00
LX137858 ALISON BIDCO SARL (ALSTOM) INITIAL EURO TERM B-1 LOANS EUR 2,426,263.69 2,426,263.69 99.750 2,420,198.03
LX139119 ALISON BIDCO SARL (ALSTOM) INITIAL EURO TERM B-2 LOANS EUR 2,903,920.92 2,903,920.92 99.750 2,896,661.12
LX137655 ALL 3 MEDIA GBP B FACILITY GBP 5,500,000.00 6,836,500.00 98.339 6,722,945.74
LX152755 ALLNEX (LUXEMBOURG) & CY S.C.A. (MONARCH) FACILITY B1 EUR 1,250,000.00 1,250,000.00 101.375 1,267,187.50
XS1181246775 ALTICE FINANCING SA ALTICE 5 1/4 EUR 1,000,000.00 1,000,000.00 104.407 1,044,065.20
LX153089 ALTICE FINANCING SA REFINANCING FACILITY EUR 990,025.00 990,025.00 101.650 1,006,360.41
XS1117300241 ALTICE LUXEMBURG SA ATCNA 6 1/4 EUR 3,000,000.00 3,000,000.00 103.091 3,092,721.30
XS1082043388 ARDAGH PKG FIN/MP HD USA ARGID 4 EUR 1,500,000.00 1,500,000.00 102.886 1,543,288.35
XS1396892751 ARROW GLOBAL FINANCE ARRGL FLOAT 05/01/23 CORP EUR 2,500,000.00 2,500,000.00 101.536 2,538,406.25
LX145177 ARUBA INVESTMENTS INC (ANGUS CHEMICAL) EUR TLB 1 EUR 1,975,000.00 1,975,000.00 101.375 2,002,156.25
LX143857 ASA NEWCO GMBH FACILITY C EUR 1,784,924.62 1,784,924.62 100.750 1,798,311.55
LX144975 AURIS LUXEMBOURG III SA FACILITY B3 EUR 1,970,062.50 1,970,062.50 101.250 1,994,688.28
LX150818 AURIS LUXEMBOURG III SA INCREMENTAL FACILITY B5 EUR 1,985,000.00 1,985,000.00 101.250 2,009,812.50
LX153912 AVAST SOFTWARE B.V. INITIAL EUR TERM LOAN Hypo EUR 1,000,000.00 1,000,000.00 101.469 1,014,690.00
LX146618 BARING PRIVATE EQUITY ASIA VI HOLDING (1) LTD INITIAL EURO TERM LOAN 1ST LIEN EUR 2,970,007.42 2,970,007.42 101.344 3,009,924.32
XS1117279619 CABOT FINANCIAL LUXEMBOURG II SA ECPG FLOAT EUR 2,000,000.00 2,000,000.00 97.050 1,941,000.00
LX137091 CATALENT PHARMA SOLUTIONS, INC (PTS) EXTENDED EURO TERM LOAN EUR 4,887,556.48 4,887,556.48 100.344 4,904,369.67
LX155235 CBR TEXTILES TERM B3A EUR 212,868.34 212,868.34 83.321 177,364.03
LX155236 CBR TEXTILES TERM C3A EUR 227,558.63 227,558.63 83.321 189,604.13
LX150431 CEP FACILITY B4 EUR 2,933,474.95 2,933,474.95 100.700 2,954,009.27
LX132691 CERAMTEC (FAENZA ACQUISITION GMBH) INITIAL EURO TERM B-1 LOANS EUR 2,300,322.52 2,300,322.52 101.050 2,324,475.91
LX131516 CERAMTEC (FAENZA ACQUISITION GMBH) INITIAL EURO TERM B-2 LOANS EUR 699,677.48 699,677.48 101.050 707,024.09
LX136879 COLOUROZ MIDCO TERM LOAN EUR 9,286,249.99 9,286,249.99 100.982 9,377,440.96
LX136879 COLOUROZ MIDCO TERM LOAN EUR 23,750.00 23,750.00 100.982 23,983.23
Deutsche Bank - Trust & Agency Services 23 - 1 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Portfolio Market Value as of 30-Nov-2016
Loan X ID Issuer Obligation CCY Principal Balance Principal Balance Market Market Value (CCY) (EUR) Price (%) (EUR)
LX136884 COLOUROZ MIDCO INITIAL EURO TERM LOAN SECOND EUR 3,000,000.00 3,000,000.00 95.917 2,877,510.00 LIEN LX148094 COMPASS HOLDCO 2 LIMITED FACILITY B GBP 384,905.66 544,256.60 99.321 540,561.10
LX148094 COMPASS HOLDCO 2 LIMITED FACILITY B GBP 1,615,094.34 2,283,743.40 99.321 2,268,236.78
LX142977 CYAN BLUE HOLDCO 3 LIMITED INITIAL TERM LOAN GBP 2,000,000.00 2,730,000.00 99.875 2,726,587.50
LX141055 DELACHAUX (SODELHO S.A.) DELACHAUX S.A. EUR 5,232,108.83 5,232,108.83 98.688 5,163,463.56
LX150374 DESARROLLOS EMPRESARIALES PIERA SL FACILITY B2 EUR 10,600,000.00 10,600,000.00 100.111 10,611,766.00
LX150595 DESARROLLOS EMPRESARIALES PIERA SL SECOND LIEN FACILITY EUR 2,500,000.00 2,500,000.00 100.250 2,506,250.00
LX151921 DIEBOLD, INC. EURO TERM B LOAN EUR 2,500,000.00 2,500,000.00 101.500 2,537,500.00
LX154118 DOUGLAS GMBH Douglas Finance B.V. EUR 278,890.95 278,890.95 101.427 282,870.72
LX154113 DOUGLAS GMBH Douglas GmbH EUR 385,832.30 385,832.30 101.427 391,338.13
LX154001 DOUGLAS GMBH Douglas GmbH EUR 633,192.50 633,192.50 101.427 642,228.16
LX154115 DOUGLAS GMBH Groupe Nocibe France S.A.S. EUR 439,181.22 439,181.22 101.427 445,448.34
LX154116 DOUGLAS GMBH Nocibe France S.A.S. EUR 97,595.83 97,595.83 101.427 98,988.52
LX154117 DOUGLAS GMBH Parfuemerie Douglas GmbH EUR 503,800.74 503,800.74 101.427 510,989.98
LX154114 DOUGLAS GMBH Parfuemerie Douglas International EUR 661,506.46 661,506.46 101.427 670,946.16 GmbH XS1076527875 DRY MIX SOLUTIONS INVESTISSEMENTS SAS DRYMIX FLOAT 21 EUR 11,000,000.00 11,000,000.00 100.390 11,042,850.50
XS1432395785 EIRCOM FINANCE DESIGNATED ACTIVITY COMPANY EIRCMF 4 05/31/22 CORP EUR 625,000.00 625,000.00 102.899 643,119.56
LX155433 EIRCOM FINCO S.A.R.L. FACILITY B5 EUR 8,433,347.04 8,433,347.04 100.708 8,493,055.14
LX151058 ELEMENT MATERIALS TECHNOLOGY ELEMENT MATERIALS TECH EUR 3,000,000.00 3,000,000.00 100.125 3,003,750.00
XS1054086928 FINANCIERE QUICK SAS QUICK CDCEPS FLOAT 19 EUR 4,908,676.34 4,908,676.34 90.750 4,454,623.78
XS1054087496 FINANCIERE QUICK SAS QUICK CDCEPS FLOAT 19 EUR 1,870,967.47 1,870,967.47 80.000 1,496,773.98
LX139583 FORMULA ONE GROUP (Alpha Topco, Delta 2) NEW FACILITY B (EUR) EUR 6,385,437.00 6,385,437.00 100.000 6,385,437.00
LX139585 FORMULA ONE GROUP (Alpha Topco, Delta 2) SECOND LIEN FACILITY LOAN USD 1,000,000.00 943,529.74 100.139 944,841.25
LX143961 FRESCO INVESTMENTS S.A.R.L TLB2 EUR 3,275,234.20 3,275,234.20 100.500 3,291,610.37
LX128916 GARDNER DENVER INC INITIAL EURO TERM LOAN EUR 2,979,591.84 2,979,591.84 97.696 2,910,942.04
XS1492372088 GARFUNKELUX HOLDCO 3 SA GFKLDE FLOAT CORP EUR 2,000,000.00 2,000,000.00 99.720 1,994,400.00
LX137852 GATES GLOBAL INC INITIAL EURO TERM LOANS EUR 4,829,084.14 4,829,084.14 100.313 4,844,199.17
LX128288 GENESYS TELECOM HOLDINGS U.S., INC. EURO TERM LOAN EUR 2,924,242.41 2,924,242.41 100.125 2,927,897.71
Deutsche Bank - Trust & Agency Services 23 - 2 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Portfolio Market Value as of 30-Nov-2016
Loan X ID Issuer Obligation CCY Principal Balance Principal Balance Market Market Value (CCY) (EUR) Price (%) (EUR)
XS1516322465 GUALA CLOSURES SPA GCLIM FLOAT CORP EUR 1,000,000.00 1,000,000.00 99.893 998,933.30
LX144960 IGLO FOODS MIDCO LIMITED FACILITY C1 EUR 5,860,268.48 5,860,268.48 99.898 5,854,291.01
XS1084586822 IGLO FOODS MIDCO LIMITED IGBOND FLOAT EUR 2,000,000.00 2,000,000.00 100.464 2,009,284.60
LX155895 IMS HEALTH INCORPORATED TERM B EURO LOAN EUR 308,567.35 308,567.35 100.458 309,980.59
LX155895 IMS HEALTH INCORPORATED TERM B EURO LOAN EUR 621,227.37 621,227.37 100.458 624,072.59
LX155895 IMS HEALTH INCORPORATED TERM B EURO LOAN EUR 1,020,205.28 1,020,205.28 100.458 1,024,877.82
LX144980 INEOS FINANCE PLC 2020 EURO TERM LOAN EUR 5,227,391.50 5,227,391.50 100.946 5,276,842.62
LX143585 INEOS FINANCE PLC 2022 EURO TERM LOANS EUR 2,954,983.92 2,954,983.92 100.950 2,983,056.27
LX150616 INFINITAS FACILITY B EUR 4,500,000.00 4,500,000.00 100.750 4,533,750.00
LX144873 INFORMATICA CORPORATION (ITALIC MERGER SUB EURO TERM LOAN EUR 3,960,000.00 3,960,000.00 100.000 3,960,000.00 INC) LX155799 INOVYN FINANCE PLC 2021 TRANCHE B EURO TERM LOAN EUR 997,500.00 997,500.00 101.250 1,009,968.75
XS1405784288 INOVYN FINANCE PLC KERLIN 6 05/15/21 CORP EUR 500,000.00 500,000.00 104.662 523,310.40
INTEROUTE FINCO TERM LOAN HYPO EUR 1,000,000.00 1,000,000.00 101.493 1,014,927.10
LX147780 ION TRADING TECHNOLOGIES LTD TRANCHE B-1 EURO TERM LOANS EUR 4,690,000.00 4,690,000.00 100.828 4,728,833.20
XS1040429455 KERNEOS CORPORATE SAS KERNEOS FLOAT 21 EUR 6,000,000.00 6,000,000.00 99.751 5,985,033.60
LX155222 KETER GROUP B.V FACILITY B1 EUR 1,000,000.00 1,000,000.00 99.375 993,750.00
LX152521 KIWI HOLDING IV S.A.R.L FACILITY B EUR 3,000,000.00 3,000,000.00 98.179 2,945,370.00
XS1458413728 LECTA SA LECTA CORP EUR 2,500,000.00 2,500,000.00 100.597 2,514,912.50
XS1458414023 LECTA SA LECTA FLOAT CORP EUR 2,500,000.00 2,500,000.00 99.864 2,496,592.00
XS1094612378 LOCK AS LINDOR 7 EUR 800,000.00 800,000.00 103.900 831,200.00
XS1094672273 LOCK AS LINDOR FLOAT EUR 6,750,000.00 6,750,000.00 100.007 6,750,450.23
LX146800 LULLY FINANCE S.A.R.L. INITIAL TERM B-2 LOAN FIRST LIEN EUR 3,000,000.00 3,000,000.00 101.375 3,041,250.00
LX155290 LYNGEN BIDCO AS FACILITY B4 EUR 1,000,000.00 1,000,000.00 100.583 1,005,830.00
MACDERMID INC. (PLATFORM SPECIALTY) TERM LOAN HYPO EUR 2,000,000.00 2,000,000.00 100.725 2,014,500.00
XS1219475792 MATTERHORN TELECOM HOLDING SA MATTER 4 EUR 3,500,000.00 3,500,000.00 98.794 3,457,800.15
XS1219467930 MATTERHORN TELECOM SA MATTER FLOAT EUR 1,500,000.00 1,500,000.00 100.688 1,510,312.50
XS1074935062 MONITCHEM HOLDCO 3 S.A. CABBCO FLOAT EUR 5,000,000.00 5,000,000.00 99.420 4,971,000.00
LX155407 MULTI PACKAGING SOLUTIONS LIMITED EURO TERM C EUR 182,400.00 182,400.00 100.969 184,167.46
LX155407 MULTI PACKAGING SOLUTIONS LIMITED EURO TERM C EUR 4,404,375.51 4,404,375.51 100.969 4,447,053.91
Deutsche Bank - Trust & Agency Services 23 - 3 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Portfolio Market Value as of 30-Nov-2016
Loan X ID Issuer Obligation CCY Principal Balance Principal Balance Market Market Value (CCY) (EUR) Price (%) (EUR)
LX152399 NBTY INC STERLING TERM B LOAN GBP 2,493,750.00 2,977,537.50 100.563 2,994,301.04
LX145020 NETINVEST LIMITED FACILITY B EUR 2,000,000.00 2,000,000.00 100.875 2,017,500.00
XS1028951421 NOVAFIVES SAS NVFVES FLOAT EUR 7,750,000.00 7,750,000.00 88.160 6,832,400.00
LX143111 ONEX WIZARD ACQUISITION COMPANY I SARL INITIAL EURO TERM LOAN EUR 1,970,000.00 1,970,000.00 100.821 1,986,173.70
LX149829 OPTIMA SUB FINCO LIMITED TERM FACILITY B2 EUR 5,000,000.00 5,000,000.00 99.438 4,971,900.00
LX129945 OXEA SARL TRANCHE B-1 TERM LOAN EUR 6,921,388.29 6,921,388.29 96.400 6,672,218.31
XS1028955174 PAROC GROUP OY AB PAROCG FLOAT EUR 2,000,000.00 2,000,000.00 98.300 1,966,000.00
LX139895 PERTENTO S.A.R.L. FACILITY B EUR 7,500,000.00 7,500,000.00 100.833 7,562,475.00
XS0956139264 PICARD GROUPE S.A.S. PICSUR FLOAT-15 EUR 4,695,863.75 4,695,863.75 100.675 4,727,569.28
LX152396 PQ CORPORATION TERM B-2 TERM LOAN EUR 997,500.00 997,500.00 101.475 1,012,213.13
LX144512 RANPAK CORP. EURO TERM LOAN EUR 3,920,300.00 3,920,300.00 100.063 3,922,769.79
LX133726 REDTOP ACQUISITIONS LIMITED (CPA GLOBAL) INITIAL EURO TERM LOAN EUR 1,500,000.00 1,500,000.00 101.175 1,517,625.00
LX148262 REMEDCO HOLDING B.V. TERM B1 EUR 2,500,000.00 2,500,000.00 100.525 2,513,125.00
LX153882 RIEMSER PHARMA GMBH FACILITY B EUR 4,500,000.00 4,500,000.00 98.250 4,421,250.00
LX139399 SAM BIDCO FACILITY B1A EUR 1,668,358.17 1,668,358.17 101.250 1,689,212.65
LX142742 SAM BIDCO FACILITY B1B EUR 734,664.59 734,664.59 101.250 743,847.90
LX139424 SAM BIDCO SECOND LIEN NOTES EUR 1,000,000.00 1,000,000.00 101.563 1,015,630.00
LX133835 SAM FINANCE LUX S.A.R.L. EURO TERM LOAN EUR 5,867,532.27 5,867,532.27 100.609 5,903,265.54
LX133148 SCANDLINES APS FACILITY B EUR 2,023,846.50 2,023,846.50 100.896 2,041,980.16
LX152255 SCHENCK PROCESS FINANCE GMBH FACILITY B EUR EUR 2,000,000.00 2,000,000.00 99.925 1,998,500.00
XS1454980159 SCHUMANN SPA SCHMAN CORP EUR 750,000.00 750,000.00 101.639 762,294.45
XS1454976801 SCHUMANN SPA SCHMAN FLOAT CORP EUR 1,750,000.00 1,750,000.00 99.961 1,749,315.40
LX136339 SIGNODE IND GR LUX S.A. TERM LOAN B-EUR EUR 10,244,002.51 10,244,002.51 100.156 10,259,983.15
XS1513692357 SNAI SPA SNAIM FLOAT 11/07/21 CORP EUR 500,000.00 500,000.00 101.125 505,625.00
LX152444 SOLENIS INTERNATIONAL, L.P . TRANCHE C TERM LOAN EUR 5,000.00 5,000.00 101.250 5,062.50
LX152444 SOLENIS INTERNATIONAL, L.P . TRANCHE C TERM LOAN EUR 1,990,000.00 1,990,000.00 101.250 2,014,875.00
LX139700 SOPPA HOLDINGS S.A.R.L. FIRST LIEN TERM LOAN EUR 5,278,127.18 5,278,127.18 100.172 5,287,205.56
LX146776 SOPPA HOLDINGS S.A.R.L. INCREMENTAL FACILITY EUR 1,000,000.00 1,000,000.00 100.172 1,001,720.00
LX143524 SPRINGER SCIENCE ( SPRINGER SBM TWO GMBH) SPRINGER SCIENCE & BUSINESS MEDIA EUR 5,358,538.56 5,358,538.56 100.438 5,382,008.96 FINANCE BV
Deutsche Bank - Trust & Agency Services 23 - 4 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Portfolio Market Value as of 30-Nov-2016
Loan X ID Issuer Obligation CCY Principal Balance Principal Balance Market Market Value (CCY) (EUR) Price (%) (EUR)
LX149082 SWISSPORT GROUP SARL TERM LOAN B EUR 3,500,000.00 3,500,000.00 100.989 3,534,615.00
XS1117292984 SYNLAB BONDCO PLC LABFP 6 1/4 EUR 2,750,000.00 2,750,000.00 107.855 2,966,012.50
XS1516322200 SYNLAB BONDCO PLC LABFP FLOAT CORP EUR 5,000,000.00 5,000,000.00 101.333 5,066,666.50
XS1268471494 SYNLAB UNSECURED BONDCO PLC. LABFP 8 EUR 1,500,000.00 1,500,000.00 107.689 1,615,335.60
LX152547 TACKLE SARL FACILITY B EUR 5,000,000.00 5,000,000.00 100.911 5,045,550.00
LX152515 TAGHLEEF INDUSTRIES TOPCO LIMITED FACILITY B EUR 2,000,000.00 2,000,000.00 101.000 2,020,000.00
LX148796 TELE COLUMBUS AG INCREMENTAL FACILITY EUR 3,000,000.00 3,000,000.00 100.775 3,023,250.00
LX156207 TELENET INTERNATIONAL FINANCE S.A.R.L. TERM LOAN FACILITY AE EUR 5,000,000.00 5,000,000.00 100.338 5,016,900.00
LX155136 TMF GROUP TERM LOAN HYPO EUR 307,657.77 307,657.77 101.341 311,783.46
LX155136 TMF GROUP HOLDING BV TERM B1 EUR 692,342.23 692,342.23 101.341 701,626.54
LX154393 TRIANGLE FM SERVICES TOPCO GMBH FACILITY B1 EUR 2,857,142.86 2,857,142.86 101.330 2,895,142.86
LX154417 TRIANGLE FM SERVICES TOPCO GMBH FACILITY B2 EUR 1,142,857.14 1,142,857.14 101.330 1,158,057.14
LX142370 UMV GLOBAL FOODS COMPANY LTD FACILITY B2A EUR 6,333,333.33 6,333,333.33 98.281 6,224,463.33
LX155194 UNILABS DIAGNOSTICS AB FACILITY B EUR 1,500,000.00 1,500,000.00 101.250 1,518,750.00
LX145475 UNIVAR INC. (ULIXES) INITIAL EURO TERM LOAN EUR 7,920,000.00 7,920,000.00 100.792 7,982,726.40
LX146849 VEDICI FACILITY B EUR 2,000,000.00 2,000,000.00 101.200 2,024,000.00
LX153197 VERALLIA PACKAGING SAS FACILITY B2 EUR 2,000,000.00 2,000,000.00 100.955 2,019,100.00
LX152986 VERISURE HOLDING AB EURO TERM LOAN B1 EUR 4,000,000.00 4,000,000.00 101.475 4,059,000.00
XS1179900102 VIRIDIAN GROUP FUNDCO II VRDLN 7 EUR 3,000,000.00 3,000,000.00 105.997 3,179,912.40
XS1135437280 VUE INTERNATIONAL BIDCO VEUCIN FLOAT EUR 4,000,000.00 4,000,000.00 100.650 4,026,000.00
LX155051 WESTERN DIGITAL CORP EUR TERM LOAN B-1 EUR 2,995,000.00 2,995,000.00 101.161 3,029,771.95
XS1082635712 WIND ACQUISITION FINANCE SA WINDIM FLOAT-15 EUR 4,000,000.00 4,000,000.00 100.498 4,019,933.20
LX150401 WOWMIDCO SAS FACILITY B EUR 4,000,000.00 4,000,000.00 101.292 4,051,680.00
XS1071440991 XEFIN XELLA FLOAT EUR 2,000,000.00 2,000,000.00 100.063 2,001,250.00
LX140812 YELLOW MAPLE HOLDING B.V. FACILITY B1 EUR 4,779,204.11 4,779,204.11 100.750 4,815,048.14
LX152295 YPSO FRANCE SAS / NUMERICABLE GROUP - SFR EURO TERM LOAN B7 EUR 6,965,000.00 6,965,000.00 101.055 7,038,480.75 S.A. LX155720 YPSO HOLDING SA TLB 10 INCREMENTAL TERM EUR 172,237.33 172,237.33 100.736 173,505.00
LX155720 YPSO HOLDING SA TLB 10 REFINANCING TERM EUR 822,762.67 822,762.67 100.736 828,818.20
LX154363 ZIGGO SECURED FINANCE BV TERM LOAN FACILITY C EUR 5,944,753.97 5,944,753.97 100.528 5,976,142.27
Deutsche Bank - Trust & Agency Services 23 - 5 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Portfolio Market Value as of 30-Nov-2016
Loan X ID Issuer Obligation CCY Principal Balance Principal Balance Market Market Value (CCY) (EUR) Price (%) (EUR)
LX154363 ZIGGO SECURED FINANCE BV TERM LOAN FACILITY C EUR 2,051,202.39 2,051,202.39 100.528 2,062,032.74
XS1493836461 ZIGGO SECURED FINANCE BV ZIGGO CORP EUR 2,000,000.00 2,000,000.00 99.595 1,991,897.20
433,641,454.08 432,548,876.82
Deutsche Bank - Trust & Agency Services 23 - 6 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Caa / CCC Obligations as of 30-Nov-2016
Issuer Industry Class : Tranche ISIN / CUSIP Final Base Margin All In Market Fitch Moody's Original Current Notional Country Moody's Industry Maturity Rate % Interest Price Rating Rating Currency Amount (EUR) Fitch Industry Date Rate %
AENOVA HOLDING GMBH Germany Personal and Non-Durable Consumer Products (Manufacturing Only) Pharmaceuticals SECOND LIEN LX139193 15-Oct-2021 1.000 750.0 8.500 87.531 Shadow Caa1 EUR 5,000,000.00
CBR TEXTILES Germany Retail Store
Retail (General) TERM B3A LX155235 18-Apr-2019 0.000 550.0 5.500 83.321 Shadow Shadow EUR 95,266.64 TERM B3A LX155235 18-Apr-2019 0.000 550.0 5.500 83.321 Shadow Shadow EUR 24,043.23 TERM B3A LX155235 18-Apr-2019 0.000 550.0 5.500 83.321 Shadow Shadow EUR 54,674.76 TERM B3A LX155235 18-Apr-2019 0.000 550.0 5.500 83.321 Shadow Shadow EUR 38,883.71 TERM C3A LX155236 18-Apr-2019 0.000 550.0 5.500 83.321 Shadow Shadow EUR 227,558.63
COLOUROZ MIDCO Germany Chemicals, Plastics and Rubber
Chemicals INITIAL EURO TERM LOAN LX136884 06-Sep-2022 1.000 725.0 8.250 95.917 Shadow B2 EUR 3,000,000.00 SECOND LIEN
FINANCIERE QUICK SAS France Hotels, Motels, Inns and Gaming
Lodging and restaurants QUICK CDCEPS FLOAT 19 XS1054087496 15-Oct-2019 -0.311 750.0 7.189 80.000 Shadow B3 EUR 1,870,967.47
FORMULA ONE GROUP (Alpha Topco, Delta 2) Luxembourg Hotels, Motels, Inns and Gaming
Broadcasting and Media SECOND LIEN FACILITY LX139585 29-Jul-2022 1.000 675.0 7.750 100.139 Shadow B3 USD 943,529.74 LOAN
Deutsche Bank - Trust & Agency Services 24 - 1 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Caa / CCC Obligations as of 30-Nov-2016
Issuer Industry Class : Tranche ISIN / CUSIP Final Base Margin All In Market Fitch Moody's Original Current Notional Country Moody's Industry Maturity Rate % Interest Price Rating Rating Currency Amount (EUR) Fitch Industry Date Rate %
MATTERHORN TELECOM HOLDING SA Switzerland Telecommunications
Telecommunications MATTER 4 XS1219475792 01-May-2023 0.000 0.0 4.875 98.794 Shadow B2 EUR 3,500,000.00
SAM BIDCO France Healthcare, Education and Childcare
Healthcare SECOND LIEN NOTES LX139424 17-Dec-2022 1.000 750.0 8.500 101.563 Shadow Shadow EUR 1,000,000.00
SYNLAB UNSECURED BONDCO PLC. Germany Healthcare, Education and Childcare
Healthcare LABFP 8 XS1268471494 01-Jul-2023 0.000 0.0 8.250 107.689 B Shadow EUR 1,500,000.00
17,254,924.18
Deutsche Bank - Trust & Agency Services 24 - 2 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Exchange Equity Obligations as of 30-Nov-2016
Issuer Country Tranche Final Maturity Interest Rate Currency Share Units Date (%)
**Nothing to report**
Deutsche Bank - Trust & Agency Services 25 - 1 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Collateral Enhancement Obligations as of 30-Nov-2016
Issue Country Moody's Industry Interest Rate Principal Balance Principal Balance (CCY) (EUR) Issuer Collateral Enhancement Type Fitch Industry Maturity Date Currency
**Nothing to report**
Deutsche Bank - Trust & Agency Services 26 - 1 Monthly Report Produced 07-Dec-2016 CVC Cordatus Loan Fund III DAC Risk Retention Letter as of 30-Nov-2016
“The Retention Holder has confirmed, as of the date of this Monthly Report, its compliance with the covenants set out in paragraph (a) and (b) of the Risk Retention Letter, namely that it has retained a material net economic interest in the transaction of not less than 5 % of the nominal value of each Class of Notes within the meaning of paragraph 1(a) of the CRD Retention Requirements and Art. 51(a) of the AIFMD Requirements and it agrees not to sell, hedge or otherwise mitigate its credit risk under or associated with the Retention Notes or the underlying portfolio of Collateral Obligations, except to the extent required or permitted in accordance with the Retention Requirements. The Retention Holder is the originator of the Required Percentage of all Collateral Debt Obligations acquired, or committed to be acquired, by the Retention Holder.””
Deutsche Bank - Trust & Agency Services 27 - 1 Monthly Report Produced 07-Dec-2016