Monroe capital closes $561.8 million collateralized loan obligation xvi

Chicago--(business wire)--monroe capital llc (“monroe”) today announced the closing of a $561.8 million term debt securitization known as monroe capital mml clo xvi, ltd. the term financing was monroe's fourth clo completed since 2022 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, placement an.
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