Blackstone's GSO unit prices $425m static CLO

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By Paola Aurisicchio
06 Apr 2020

GSO issued a static CLO at the end of last week, hitting play after a 23 day pause in the primary market.

GSO, the credit management arm of Blackstone, priced its $425m CLO via Citi last Thursday. The deal includes a $315m senior tranche priced at 198bps over three month Libor.

The deal follows the pricing of a transaction from the manager earlier in March, when it took advantage ...

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