CHICAGO–(BUSINESS WIRE)–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.