GSO/Blackstone considers refinancing of Grippen Park CLO

By Cady Vishniac

Detroit, Dec. 30 – GSO/Blackstone Debt Funds Management LLC is considering the refinancing of some or all of the secured notes from its Grippen Park CLO, Ltd./Grippen Park CLO, LLC offering, according to a Dec. 21 notice.

The issuers and holders representing a majority of the subordinated notes are in discussions regarding the redemption of one or more classes of secured notes.

GSO/Blackstone is a New York City-based subsidiary of alternative asset manager GSO Capital Partners LP.

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