BLACKSTONE PRIVATE CREDIT FUND

The Blackstone Private Credit Fund will limit buybacks in the second quarter of 2026 to 5% of outstanding shares and will satisfy redemption requests pro rata after they reached about 10%. In the first quarter redemptions were fully met after the limit was temporarily raised to 7%. The fund reports roughly $15bn of available liquidity, a debt-to-equity ratio of 0.8x, investments of more than $4bn during the quarter, an annualized total return since inception of 9.3% for Class I and a distribution rate of 10.0%. » More on de.investing.com

The Blackstone Private Credit Fund has announced an additional issuance of bonds with a face value of $100 million maturing January 25, 2031, bringing the total outstanding principal of these 6.25% notes to $600 million. The new notes are fungible with the existing bonds and carry the same terms, with interest paid semiannually beginning January 25, 2026. They are unsecured, pari passu obligations that are subordinated to secured claims and liabilities of subsidiaries. The indenture includes asset coverage covenants and a change-of-control repurchase obligation, according to an SEC filing. » More on de.investing.com

The Blackstone Private Credit Fund has increased its bond maturing on July 16, 2029 by $400 million. The securities pay 5.950% p.a., accrue interest semiannually on January 16 and July 16, and are, after this transaction, fungible with an outstanding aggregate principal amount of $900 million. The bonds are general unsecured obligations, pari passu with other unsecured creditors, and include covenants on asset coverage as well as a change-of-control repurchase offer. The placement was made on the basis of an effective registration (Form N-2ASR) and has been completed. » More on de.investing.com