World & BusinessBlackstone reportedly developing a hybrid CLO blending private credit and syndicated loans
Bloomberg reports that the structure would pair direct lending’s higher yields with the depth of the leveraged-loan market, citing people familiar with the matter.
TLDR
Blackstone is developing a collateralized loan obligation, or CLO, that would mix broadly syndicated loans with private credit, Bloomberg reports, citing people familiar with the matter. Bloomberg describes the approach as combining direct lending’s higher yields with the depth of the leveraged-loan market.
Blackstone reportedly developing a hybrid CLO blending private credit and syndicated loans
Bloomberg reports that the structure would pair direct lending’s higher yields with the depth of the leveraged-loan market, citing people familiar with the matter.
TLDR
Blackstone is developing a collateralized loan obligation, or CLO, that would mix broadly syndicated loans with private credit, Bloomberg reports, citing people familiar with the matter. Bloomberg describes the approach as combining direct lending’s higher yields with the depth of the leveraged-loan market.