The company states: “KeyCorp (KEY) announced a forward flow origination partnership with Blackstone (BX) Credit & Insurance focused on Key’s Specialty Finance Lending group. SFL is a leading asset-based lender serving clients nationally across middle market, growth capital, transportation, equipment, and other verticals. In connection with the partnership, Blackstone and Key closed a transaction on a seed portfolio of middle market fund finance facilities. Key will continue to originate, hold, and provide asset management services for new commitments across all sectors.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on KEY:
- KeyCorp Announces Stacy L. Gilbert as New Chief Accounting Officer
- KeyCorp call volume above normal and directionally bullish
- KeyCorp Announces Executive Shifts in Accounting Leadership
- KeyCorp announces CAO Schosser to leave company, Gilbert to succeed
- KeyCorp has limited exposure to leveraged lending, office, says CEO