BNY Mellon Corporate Trust will offer a variety of services that include processing principal and interest payments and maintaining bondholder records.
Marathon Asset Management COO and partner Andrew Rabinowitz said, "Marathon is pleased to issue its latest CLO and partner with the best service providers in the market."
BNY Mellon Corporate Trust managing director Jocelyn Lynch said that the company remains committed to service the CLO marketplace, which has shown strong signs of life following the financial crisis.
"We are well equipped to support Marathon as they execute and manage this offering," Lynch said.
BNY Mellon Corporate Trust services $11.5 trillion in outstanding debt from 61 locations in 20 countries.
