Wealth and Asset Management
Blackstone to Acquire HSBC’s A$36 Billion Australian Home Loan Portfolio
Blackstone has announced that funds managed by Blackstone Credit & Insurance, Blackstone Tactical Opportunities, and Blackstone Real Estate Debt Strategies (“Blackstone”), have signed a definitive agreement to finance the acquisition of HSBC’s A$36 billion (US$25 billion) Australian home loan portfolio. This represents the largest home loan portfolio transaction globally,…
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