Second Note Apera Private Debt Fund II

Apera Bond S.C.S. SICAV-RAIF, Sub-Fund 1

Rating	Watch	Outlook	Publication
BBB	Watch UNW		30.06.2026
BBB		Outlook POS	25.11.2025
BBB		Outlook STA	25.11.2024
BBB		Outlook STA	13.11.2023
BBB		Outlook STA	16.11.2022

30.06.2026

Creditreform Rating has published the following methodologies:
• "Private Debt Securitizations" (v1.0);
• "Derivation of Interest-Rate Scenarios" (v1.0).
Following the consultation period, these methodologies will be implemented. Consequently, all relevant ratings are currently subject to review as part of the ongoing monitoring process and have therefore been assigned a "watch neutral" status. The current rating methodologies are available at www.creditreform-rating.de.
25.11.2025

Further details regarding the regulatory requirements according to ESMA (European Securities and Markets Authority) Guidelines 33-9-320 can be found in the document attached below.
25.11.2024

Further details regarding the regulatory requirements according to ESMA (European Securities and Markets Authority) Guidelines 33-9-320 can be found in the document attached below.
13.11.2023

Further details regarding the regulatory requirements according to ESMA (European Securities and Markets Authority) Guidelines 33-9-320 can be found in the document attached below.
16.11.2022

Further details regarding the regulatory requirements according to ESMA (European Securities and Markets Authority) Guidelines 33-9-320 can be found in the document attached below.