Maranon Closes Twelfth Middle Market CLO

CHICAGO--(BUSINESS WIRE)-- Maranon Capital, L.P. (“Maranon”) 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.

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 2007, Maranon has committed over $12 billion of capital. For more information about Maranon Capital, please visit www.maranoncapital.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240821338395/en/

For additional information, please email Angelica Mariscal
[email protected]

Source: Maranon Capital, L.P.

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