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Monroe Capital Closes $455.75 Million Collateralized Loan Obligation Transaction

Nov 20, 2018 - Business Wire

Monroe Capital LLC ("Monroe") today announced the closing of a $455.75 million term debt securitization known as Monroe Capital MML CLO VII, LTD. The term financing was Monroe's third CLO completed in the last 13 months and is secured by a portfolio of middle market senior secured loans.

Monroe sold securities rated from AAA through BB. Monroe and its affiliates retained a majority of the Subordinated Notes in the transaction. BNP Paribas served as the Lead Manager, Structuring Agent and B...