Cox Capital Announces Tender Offers For Class I Shares Of Blackstone Private Credit Fund And HPS Corporate Lending Fund
BX•Tender offers announced for fund shares
Sept. 23 (Reuters) - Cox Capital Partners announced tender offers for Class I shares of Blackstone Private Credit Fund and HPS Corporate Lending Fund.
- Cox Capital Partners is offering to acquire BCRED shares at $20.65 per share and HLEND shares at $20.17 per share.
- The firm said it reserves the right to accept up to an additional 2% of each fund's outstanding Class I shares as of Aug. 10 without extending the offers.
- Cox Capital Partners said it is initially offering to purchase up to $20 million in aggregate value of Class I shares of each fund.
