Monroe Capital Prices $426.6M CLO Backed by Mid-Market Loans
Monroe Capital has closed Monroe Capital MML CLO XVIII, LTD., a $426.6 million collateralized loan obligation backed by a diversified portfolio of lower middle-market and traditional middle-market senior secured loans.
The transaction marks Monroe’s fourth CLO issuance within the past 12 months, reflecting continued investor demand for private credit and middle-market lending exposure. The securitization includes investment-grade debt tranches rated from AAA through BBB- and was arranged by Societe Generale, which served as lead arranger.
“Our institutional-grade underwriting discipline, rigorous portfolio oversight, and exclusive access to proprietary, directly originated opportunities continue to deliver superior, risk-adjusted performance for our investors,” said Zia Uddin.
The CLO adds to Monroe’s growing structured credit platform, which now manages more than $4.4 billion in CLO assets.
Private credit managers have continued expanding CLO issuance activity as institutional investors seek floating-rate exposure and diversified income strategies amid elevated interest rates and ongoing demand for direct lending products.
As of April 1, 2026, Monroe Capital managed more than $24 billion in assets across a broad range of private credit strategies. The firm’s platform includes more than 45 investment vehicles spanning direct lending, alternative credit, venture debt, business development companies, separately managed accounts and CLOs.