Maranon Capital, LP (“Maranon”) announced the closure of Maranon Loan Funding 2021-1, Ltd., a US$400 million mortgage obligation (“CLO”). This is the sixth CLO released by Maranon.
Maranon Loan Funding 2021-1 will mainly invest in providing leveraged loans to middle market and private equity-backed companies. The structure of the transaction meets the risk retention requirements of the United States, and has a two-year non-redemption period and a four-year reinvestment period.
About Maranon Capital, LP
Maranon Capital, LP is an investment company specializing in private credit investment. Maranon’s competitive advantage lies in its multi-product strategy, which spans the balance sheet through value-added financing and equity co-investment. Since 2008, Maranon has pledged to invest more than US$8.3 billion.For more information about Maranon Capital, please visit www.maranoncapital.com.