S&P Says Blackstone Private Credit Fund Outlook Revised To Stable From Positive

By Reuters News

Oct 16 (Reuters) - S&P Global Ratings:

  • S&P: BLACKSTONE PRIVATE CREDIT FUND OUTLOOK REVISED TO STABLE FROM POSITIVE

  • S&P: OUTLOOK REVISION REFLECTS DECLINE IN BCRED'S NAV, PARTLY DUE TO MARKDOWNS ON CERTAIN LARGE INVESTMENTS IN THE COMPANY'S 2021, EARLY 2022 VINTAGES

  • S&P: BCRED MAINTAINS SUFFICIENT LIQUIDITY TO MEET ELEVATED REDEMPTION REQUESTS, AND WE EXPECT IT TO CONTINUE HONORING REQUESTS UP TO 5% OF NAV


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