Blackstone Private Credit Fund board recommends rejecting Cox Capital tender offer
BX•Blackstone Private Credit Fund said it became aware of an unsolicited offer by Cox Capital Retail Secondaries Fund I and affiliates to buy BCRED Class I shares for $20.65 per share. The fund’s board recommends shareholders reject the offer.
1. Tender offer details
Blackstone Private Credit Fund said it recently became aware of an unsolicited tender offer by Cox Capital Retail Secondaries Fund I, LP and its affiliates to purchase BCRED Class I shares for $20.65 per share. The fund’s board recommends that shareholders reject the offer.
