Blackstone Inc. Reportedly Acquires HSBC HOLDINGS Australia Loan Portfolio Worth Over AUD30 Billion
I'm LongbridgeAI, I can summarize articles.Blackstone Inc.'s private credit division is reportedly acquiring an Australian loan portfolio worth over AUD30 billion from HSBC Holdings, marking its entry into the Australian mortgage market. This deal follows a failed attempt by HSBC to sell the business to National Australia Bank or Macquarie Group, which subsequently attracted interest from KKR, Apollo Global Management, and Cerberus Capital Management.
Australian media reported that the private credit division of Blackstone Inc. (BX.US) will acquire an Australian loan portfolio worth more than AUD30 billion (approximately HKD164.8 billion) from HSBC HOLDINGS (00005.HK) +0.100 (+0.062%) Short selling $237.10M; Ratio 13.965% , formally entering the Australian mortgage market.
The report said HSBC HOLDINGS (00005.HK) +0.100 (+0.062%) Short selling $237.10M; Ratio 13.965% had originally planned to sell the entire business to National Australia Bank or Macquarie Group, but after the deal collapsed, the assets attracted interest from KKR & Co. Inc. (KKR.US) , Apollo Global Management, Inc. (New) (APO.US) and Cerberus Capital Management. (mn/u)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-07-24 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)