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Maranon closes eighth middle market CLO

Maranon Capital has closed Maranon Loan Funding 2021-3, Ltd, a USD400 million collateralised loan obligation (CLO). This represents the eighth CLO issued by Maranon. 

Maranon Loan Funding 2021-3 will primarily invest in leveraged loans to middle market, private equity-backed companies. The transaction was structured to comply with US risk-retention requirements and has a two-year non-call period and a four-year reinvestment period.

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