Maranon Closes Sixth Middle Market CLO

Maranon Capital, L.P. (Maranon) announced the closing of Maranon Loan Funding 2021-1, Ltd., a $400 million collateralized loan obligation (CLO).

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Provider: 
Business Wire, Inc.Business Wire, Inc.
Retrieved on: 
Thursday, June 10, 2021
Information
Tags: 
Banking, Professional services, Finance, Finance, Money, Economy, Loans, Collateralized loan obligation, Mortgage, Private equity
Geotags: 
Illinois, United States
⚠ generated by AI ↴
Organisation: 
MARANON CAPITAL, L.P.
Summary
Key Points: 
  • Maranon Capital, L.P. (Maranon) announced the closing of Maranon Loan Funding 2021-1, Ltd., a $400 million collateralized loan obligation (CLO).
  • This represents the sixth CLO issued by Maranon.
  • Maranon Loan Funding 2021-1 will primarily invest in leveraged loans to middle market, private equity-backed companies.
  • Maranon Capital, L.P. is an investment firm focused on private credit investments.


Maranon Capital, L.P. (“Maranon”) announced the closing of Maranon Loan Funding 2021-1, Ltd., a $400 million collateralized loan obligation (“CLO”). This represents the sixth CLO issued by Maranon.

Maranon Loan Funding 2021-1 will primarily invest in leveraged loans to middle market, private equity-backed companies. The transaction was structured to comply with U.S. risk-retention requirements and has a two-year non-call period and a four-year reinvestment period.

About Maranon Capital, L.P.

Maranon Capital, L.P. is an investment firm focused on private credit investments. Maranon’s competitive edge is its multi-product strategies that span the balance sheet with value-added financing and equity co-investments. Since 2008, Maranon has committed over $8.3 billion of capital. For more information about Maranon Capital, please visit www.maranoncapital.com.

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