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KeyCorp, Blackstone Credit announce forward flow origination partnership

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.”

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