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Blackstone/GSO plan €410 million Herbert Park European CLO offering
By Cristal Cody
Prospect News, July 8 - GSO Capital Partners LP is expected to bring a €410 million Herbert Park CLO offering in late July or August, according to informed sources.
Deutsche Bank Inc. is the underwriter.
Blackstone/GSO Debt Funds Management Europe Ltd., a unit of Blackstone Group LP, will manage the European arbitrage cash flow CLO.
The deal will be Blackstone/GSO's second European CLO offering this year. The €403.35 million Grand Harbour I BV CLO priced in May.
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