07:05 AM EDT, 03/20/2026 (MT Newswires) -- Blackstone's (BX) flagship private credit fund BCRED is planning to sell bonds backed by a broad portion of its $82.5 billion assets, Bloomberg reported late Thursday, citing sources.

The report said the fund is expected to finalize the collateralized loan obligation deal early next week, with proceeds likely to be used to repay existing debt.

The largest tranche in the deal, rated AAA, is expected to price at a spread of about 1.3 percentage points, in line with previous issuances, according to the report.

Blackstone did not immediately respond to MT Newswires' request for comment.

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