Blackstone Closes CLO

23 Feb 2007

Blackstone Debt Advisors has closed its Inwood Park CDO. The $1.144 billion

deal’s portfolio is composed of at least 80% senior secured loans, with second-lien loans, senior unsecured loans and high-yield bonds making up the rest. The $565.5 million AAA tranche was priced at 22.5 basis points over three-month ...

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