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Blackstone Integrates Credit and Insurance Businesses to Form Blackstone Credit and Insurance - News

Blackstone announced the integration of its market-leading corporate credit, asset-based finance, and insurance groups into a single new unit, Blackstone Credit & Insurance (BXCI). Credit and Insurance is Blackstoneโ€™s fastest-growing segment โ€“ more than doubling to $295 billion in assets under management over the last three years. Today...
Steve Schwarzman Michael Zawadzki Gilles Dellaert Brad Marshall Beth Chartoff Dwight Scott

bond market: Companies bet against high for long in bond blitz

More than $110 billion in bonds sold globally this week, the busiest start to September on record, with issuance heavily skewed to debt due in under 10 years. Prospects of a soft landing in the US and hopes that central banks will soon be able to slow their tightening campaigns make longer-dated debt more attractive to investors. But companies are instead opting to borrow for shorter periods, hoping the money will get cheaper soon.
New York United States Karl Johan Nystedt Josh Harris Chris Castelli Matt Brill

Companies Bet Against High for Long in Bond Blitz

(Bloomberg) -- Companies storming the bond market at record-breaking pace made one thing clear: They don’t expect rates to stay elevated for long.Most Read from BloombergBoss of Failed Crypto Exchange Gets 11,000-Year SentenceEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsUS, EU Agree on Mideast-India Rail and Shipping Corridor at G-20California Shows an Electric-Car Uprising Headed for the USEx-Google CEO Eric Schmidt Scraps $67.6 Million Purchase of Abandoned Sup...
New York United States Bloomberg Businessweek Taryana Odayar Andrew Monahan Invesco Brill
Source: yahoo.com

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