Private credit vehicles managed by Blackstone and Blue Owl have attracted strong investor demand in the investment-grade bond market, raising more than initially planned as issuance from business development companies (BDCs) picks up after a quiet start to the third quarter, according to a report by Bloomberg.
Blackstone Private Credit Fund, known as BCRED, increased its planned five-year note offering to $750m from an initial target of about $500m. The transaction attracted peak orders of aroun...
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