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Maranon Closes Twelfth Middle Market CLO

August 22, 2024, 07:34 AM
Filed Under: Industry News
Related: CLO, Maranon Capital

Maranon Capital announced the closing of Maranon Loan Funding 2024-1, Ltd., a $500 million collateralized loan obligation (“CLO”). This represents the twelfth CLO issued by Maranon totaling $5.2 billion in aggregate.

Maranon Loan Funding 2024-1, Ltd. will primarily invest in leveraged loans to middle market, private equity-backed companies. The transaction was structured to comply with U.S. and E.U. risk-retention requirements and has a two-year non-call period and a four-year reinvestment period.





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