Blackstone Private Credit Fund Taps Debt Market for $1.5 Billion

By Yahoo! Finance | Nov 21, 2024 at 05:40 PM EST

$Blackstone Private Credit Fund Taps Debt Market for $1.5 Billion$

Blackstone Inc.'s BCRED fund raised $1.5 billion in a day through bond sales, capitalizing on cheaper financing costs. The trend of direct lenders using CLOs to diversify funding options and meet demand is growing.

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