Monroe Capital, a private credit asset manager, priced Monroe Capital PC CLO II, a $398.9 million collateralized loan obligation (CLO) transaction. The transaction represents Monroe’s second new-issue CLO completed in 2026 and its fourth CLO transaction over the past 12 months. The CLO is collateralized primarily by a diversified portfolio of senior secured loans to lower middle-market and traditional middle-market companies.
Deutsche Bank served as lead arranger on the transaction. The capital structure includes investment-grade debt tranches rated from AAA through BBB-, and the transaction was structured to meet applicable risk-retention requirements in the United States, United Kingdom and Europe.
“We are pleased with the strong execution of this transaction and the broad support it received from a sophisticated global investor base,” Zia Uddin, president of Monroe Capital, said. “This CLO reflects the institutional scale, underwriting discipline, and sourcing advantages we have built across our private credit platform. As borrowers and investors increasingly value certainty, selectivity and long-term partnership, our focus remains on deploying capital thoughtfully, protecting downside, and generating durable risk-adjusted returns through market cycles.”
Seth Friedman, managing director and head of structured solutions at Monroe Capital, added, “This is a meaningful milestone for Monroe’s structured-solutions platform and reinforces our position as a leading manager of middle-market and private credit CLOs. The transaction reflects our ability to pair high-quality, directly originated collateral with thoughtfully constructed liabilities, delivering a product that meets the needs of sophisticated, ratings-sensitive investors. We remain focused on scaling the platform responsibly, maintaining disciplined credit standards and delivering consistent execution for our investors and financing partners.”
