Fitch rates Blackstone notes A+

Fitch Ratings said it assigned a rating of A+ to Blackstone Holdings Finance Co. LLC's $400 million of senior unsecured notes.

The notes mature in March 2021 and priced at a spread of 5.875%, the agency added, stating that proceeds will be used for general corporate purposes.

The current ratings for the Blackstone Group LP and its related entities are as follows: long-term issuer default rating A+ and short-term issuer default rating F1.

The outlook is stable.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.