Blackstone Raises $750M and Blue Owl Sells $400M in Bond Market
Macro·1 article across 1 outlet
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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.
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“Private credit is returning to the bond market in a big way.”
Bloomberg — Blackstone, Blue Owl Tap Bond Market