Goldman Sachs and Blackstone join forces for new funding bond

Goldman Sachs and Blackstone join forces for new funding bond

Bloomberg – Goldman Sachs Group Inc.GS) partnered with Blackstone Inc (BX) to packaging private equity loans into bonds, a new type of debt that banks may try to sell more of in the future. Both sold last week US$475 million in bonds backed by loans that banks provide to investment fundsaccording to a person familiar … Read more