Monroe Capital announced the closing of its $406.3 million collateralized loan obligation, which is the fifth CLO completed by the Chicago firm since March 2018.
Monroe Capital MML CLO X LTD is secured by a portfolio of middle market senior secured loans. The securities sold are rated AAA through BB. Deutsche Bank served as the lead manager, structuring agent and bookrunner. Officials added that the transaction was structured to comply with both European and U.S. risk retention guidelines.
The $9.3 billion firm has seen growth in its middle market CLO platform as . . .
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