Blackstone lowers US reset spread tight to 124 as Golub and Napier Park also price narrow
Market heavyweights Blackstone, Napier Park and Golub each priced US BSL resets to close out last week, with Blackstone lowering the triple A spread level below the now-established SOFR-plus-125bp benchmark

Sixth Street and Blackstone match 125 benchmark with latest US resets
The repricings of both 2021-vintage deals priced their triple A paper at the current market tight

US triple A floor reinforced at 128 as Blackstone prices latest new US issue
The deal priced with a weighted cost of debt six bps inside the rolling two-week average for new US CLOs

Blackstone prints seventh US CLO reset of 2025
The deal included an equity upsizing of USD 20.8m

Blackstone IG private credit reaches USD 115bn off insurer interest
The alternative asset manager is focused on raising capital from this investor segment without becoming an insurer itself.

Bain taps veteran of DWS, Blackstone Credit for global credit COO role
The firm created the new role as the global credit platform scales

Blackstone prices US private credit CLO – its third static deal of 2025
The manager has issued its third non-reinvesting CLO for the year in a near-USD 600m transaction

Seven managers make up 90% of private credit fundraising – Morningstar
Over the last five years, Apollo alone accounted for 29% of all capital raised for private credit

Blackstone matches current AAA market tight for new US BSL deals
The half-billion-dollar Higley Park CLO priced the top of the stack at SOFR plus 128bps

Blackstone reprices 2022-vintage US CLO
The USD 460m deal issued its senior triple A paper at SOFR plus 133bps

Blackstone resets 2021 Tallman Park CLO with lineball AAA spreads
The USD 370m deal saw a small reduction in the overall cost of funding

Blackstone prices second reset of Harriman Park CLO
The deal was originally one of the last to issue in early March 2020 before the primary market shuttered due to the COVID-19 pandemic

Blackstone hires Laura Coady from Jefferies to head CLO business
The alternative asset manager has poached Jefferies's top CLO banker to become its global head of CLOs and head its European liquid credit strategies

Blackstone prints its second static deal for 2025
Stratus Funding CLO 2025-1 comes six weeks after the manager's prior non-reinvesting CLO so far this year

Blackstone hires ex-Lazard co-head of US financial institutions
Joseph Cassanelli will work on the team behind Blackstone’s Tactical Opportunities strategy, which allows Blackstone to invest across asset classes, industries and geographies

Blackstone resets former AIG CLO
The 2021-vintage deal reset with a slight reduction in the spreads for its triple As

Kayne Anderson to debut private BDC to tap affluent investors
EXCLUSIVE: Private BDCs, pioneered by some of the largest direct lenders in the market, are becoming a common vehicle across the private credit manager industry

News in brief
Blackstone plays offense amid volatility

Blackstone prices static BCRED CLO
The transaction is the first non-reinvesting deal to price under the BCRED shelf

Private credit’s golden era never really ended – Blackstone’s Michael Zawadzki
On the Credit Exchange podcast, Lisa Lee speaks with the CIO of Blackstone Credit and Insurance about opportunities in volatile markets and the durability of private credit premiums

JPMorgan enters private credit big leagues with USD 4bn Boeing unit financing
EXCLUSIVE: The bank takes down the third-largest piece of the giant unitranche, lending shoulder-to-shoulder with direct-lending giants

CLO market turns to print-and-sprint deals as volatility spikes
EXCLUSIVE: Napier Park, TP Birch Grove, and BlackRock attempt print-and-sprint deals as the maths gets tougher; AGL and Blackstone pull off deals

Blackstone prices new US CLO using a print-and-sprint strategy
Hook Park CLO, arranged by Bank of America, follows AGL’s similar such deal earlier in April

Tariffs will increase defaults – Blackstone
The alternative asset management giant also said the private credit market is providing financing that previously would not have been available in times of dislocation like this

Blackstone, BlackRock among managers attempting “print-and-sprint” CLO deals
EXCLUSIVE: Around five CLO managers are attempting to issue deals that take advantage of market dislocation