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Maranon Closes Seventh Middle Market CLO

July 1, 2021 GMT

CHICAGO--(BUSINESS WIRE)--Jul 1, 2021--

Maranon Capital, L.P. (“Maranon”) announced the closing of Maranon Loan Funding 2021-2, Ltd., a $625 million collateralized loan obligation (“CLO”). This represents the seventh CLO issued by Maranon.

Maranon Loan Funding 2021-2 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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View source version on businesswire.com:https://www.businesswire.com/news/home/20210701005898/en/

CONTACT: Maranon

Angelica Mariscal

Media@MaranonCapital.com

KEYWORD: ILLINOIS UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE

SOURCE: Maranon Capital, L.P.

Copyright Business Wire 2021.

PUB: 07/01/2021 04:44 PM/DISC: 07/01/2021 04:44 PM

http://www.businesswire.com/news/home/20210701005898/en