Blackstone Private Credit Fund, based in New York, was founded to provide investors with access to private credit markets through a diverse portfolio of loans and credit transactions. The fund focuses on generating attractive risk-adjusted returns by investing in various private debt instruments, primarily targeting the middle-market corporate sector.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Blackstone Private Credit Fund has actively issued bonds to finance its lending activities, with significant issuances beginning in 2019 when the fund was launched. Noteworthy events include the issuance of $500 million in notes in July 2021, which attracted strong investor interest due to its favorable yield compared to industry benchmarks. Currently, its bonds offer competitive yields, enhanced by features such as call protection and interest rate adjustments, making them appealing options in the private credit landscape amid rising interest rates.