Private Debt Fund S.A. SICAV-SIF - Private Debt Co-Investor Fund II Class CC1 USD Income Fonds VALOR 48455643 / ISIN LU2013521187

So investiert der Private Debt Fund S.A. SICAV-SIF - Private Debt Co-Investor Fund II Class CC1 USD Income Fonds: The Private Debt Co-Investor Fund II (the "Sub-Fund" in this Appendix II) seeks to achieve a commensurate level of income, by investing in mid- to high-yielding loans with predominantly floating interest rates (spread plus the relevant standard market rate) (the "Corporate Loans") which are granted to corporate entities with a focus but without limitation to Middle Market Companies domiciled in Switzerland or in any other Western European country (the "Borrowers") with the aim of spreading risks and providing its investors with the benefit of the results of the management thereof, in accordance with article 1 of the 2007 Law and the CSSF circular 07/309 on risk-spreading in the context of specialised investment funds.