06:57 AM EDT, 09/04/2025 (MT Newswires) -- Blackstone (BX) and State Street (STT) Investment Management are teaming up to roll out an exchange-traded fund focused on European collateralized loan obligations, Bloomberg News reported Thursday, citing the companies.

The State Street Blackstone Euro AAA CLO UCITS ETF will offer exposure to floating-rate triple-A-rated euro-denominated CLOs. The product is likely to be listed on the Deutsche Boerse Xetra, Borsa Italiana and the London Stock Exchange, Bloomberg reported, citing an e-mailed statement from the companies.

Blackstone will actively manage the securities, while State Street will handle the distribution, according to the report.

Blackstone confirmed the planned launch in an e-mailed statement to MT Newswires. State Street didn't immediately respond to MT Newswires' request for comment.

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