Blackstone's GSO unit prices $425m static CLO

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 ...Already a subscriber? Login