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Blackstone Taps New Credit Boss Gilles Dellaert in Bid for $1T Goal

Blackstone Taps New Credit Boss Gilles Dellaert in Bid for $1T Goal
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Dwight scottGilles dellaertBlackstone inc

Blackstone moves all credit strategies into its credit and insurance business

Blackstone has combined its corporate credit, asset-based finance and insurance groups into its credit and insurance unit to form BXCI.

Dwight scottGilles dellaertStephen schwarzmanBlackstone credit

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.

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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 Superyacht

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Companies Bet Against High for Long in Bond Blitz

Companies Bet Against High for Long in Bond Blitz
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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