Maranon Capital closed Maranon Loan Funding 2024-1, a $500 million collateralized loan obligation (CLO). This represents the 12th CLO issued by Maranon, totaling $5.2 billion in aggregate.
Maranon Loan Funding 2024-1 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.
