Blackstone Buys HSBC’s $21 Billion Australian Loan Book in First Lending Market Push

businessmergers-acquisitions 3 posts · 3 accounts

Blackstone’s private credit division is set to buy HSBC’s A$30 billion ($21 billion) loan book in Australia, the Australian Financial Review reported.

The transaction marks Blackstone’s first entry into the Australian residential lending market, according to reporting on the near-final deal.

From the sources (3 posts)

@business

Blackstone’s private credit division is set to buy HSBC’s A$30 billion-plus ($21 billion) Australian loan book, the Australian Financial Review reports

@tmreserve

Blackstone unit to buy HSBC’s Australian loan book, AFR says #TMRWorld

@themonetapost

Blackstone nears A$30 billion deal for HSBC's Australia loan book The acquisition would mark the US private equity giant's entry into Australia's residential lending market. Read the full story via the link in bio. #finance #economy #bla

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