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Market Chatter: Blackstone Private Credit Fund Launches $850 Million Bond Sale

-- Blackstone's (BX) private credit fund launched an $850 million investment-grade bond sale, Bloomberg reported Wednesday.

The five-year note is expected to yield 2.3 percentage points above US Treasuries, Bloomberg reported, citing a person familiar with the matter.

Blackstone didn't immediately respond to a request for comment from.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: $130.01, Change: $+1.51, Percent Change: +1.18%

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