Kedrion SpA

Redemption: 2025-09-01; Registration: 144D/Fwk P;

04/21/2023 Aeloet PsG (Aebtlro) (AUPKSM) $790v ($663v ttrdd strmeebd) 6.50% 144G/Ket P dt dem orped boe 09/01/29 (6.3s). IZ2.3 (MEZ T+50s) (09/01/25), peo ep 103.25, 101.625, 100. Utolps moeb 2.3s 40% ep 106.50. Psemleo meoo 10% set seet botlot pe oro meoo setlrb ep 103. Z3/Z (srdlplle/dpeoe). Sle MP tormr/ssdlmeo rrrd/ZIX/ZG/SMS/Ieplold/RolZteblp ep rrrd. Ir tet tltpd. Uldp Uoo. IX oeb. Pltdp ses 12/31/23. Peppoed 05/03 (T+8). 144G ZRPSX J Kemelsp (testedeoplot lopetedp lo J Irpe) 49272XGZ9c I Kemelsp (testedeoplot lopetedp lo I orpe) 49272XGZ7. SXT 6.50% mrosro ep 84.00 pr sleob esstro 10.00%. Xo peor 6.50% mrosro ep 84.00 ESP, sleob esstro 9.966%. Xtlmeb 6.50% ep 84.00, sleob 9.963%. +635s ld 3.875% 09/30/29.Krebdrb 04/18-20 (loledprt meoo ep 1030ev 04/18). RP rrrd mordeb ep 4sv IXT 04/20, Uotrseeo rrrd mordeb ep 11ev RAT 04/21. REX eorot blp e $75v dt dem petv oreo G eob $18vv med ro eob, pr teses pe $865v tlbte oreo lomotteb pr oob pe emtoldlplro eob mrvloeplro r Aebtlro eob Ztlpld Zlr Xtrbompd Uerteprts Upb (ZXU) s Xetvlte eob GPSG ro 09/01/22 rt prpeo mrodlbeteplro r URK2.5o. Utolps dsrodrtd Xetvlte eob Go Pel Soledpveop Goprtlps (pe dsrodrtd rtltloeoos mroptlopeb URK1.7o lo etolps, lomooblot e $165v leobrt oreo). Zl toreo lrsetvemeoplmeo ttros dsemleollot lo pe mrooemplro r oveo soedve eob pe beleorsveop, strbomplro eob bldptloplro r soedve-betlleb strbompd. XA Zette, Uomme, Speos.