Blackstone, Blue Owl Tap Bond Market
Private credit is returning to the bond market in a big way. Blackstone’s BCRED raised $750 million and Blue Owl sold $400 million as strong demand helped drive record August investment-grade issuance. Bloomberg’s Kat Hidalgo explains why investors are coming back, but still favor safer exposure higher in the capital stack. (Source: Bloomberg)
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
