trending Market Intelligence /marketintelligence/en/news-insights/trending/B2nvpbmrGRVbFDoDmPJ9Yg2 content esgSubNav
In This List

Blackstone Mortgage Trust closes $1B CLO

Blog

Insight Weekly: Unease roils markets; US likely to slip into recession; firms' cash ratios fall

Blog

Insight Weekly: Bank boards lag on gender parity; future of office in doubt; US LNG exports leap

Blog

Insight Weekly: Job growth faces hurdles; shale firms sit on cash pile; Africa's lithium future

Podcast

Street Talk | Episode 99 - Higher rates punish bond portfolios, weigh on bank M&A


Blackstone Mortgage Trust closes $1B CLO

Blackstone Mortgage Trust Inc. has announced the closing of BXMT 2017-FL1, a $1 billion collateralized loan obligation.

The transaction finances pari passu participation interests in 31 of the company's portfolio loans at an effective advance rate of 81.75%. Proceeds were used to repay the company's credit facilities.

Wells Fargo Securities acted as sole structuring agent. Wells Fargo Securities, Citigroup and Bank of America Merrill Lynch acted as co-lead managers and joint book runners. Société Générale acted as co-manager.