Blackstone completes largest ever sustainability-linked loan for Australian logistics

The $930 million facility has been arranged against the firm’s real estate portfolio, marking the largest loan of its kind to Australia’s logistics and industrial sector.

US-headquartered private equity (PE) firm, Blackstone, announced last Thursday (Oct 12) that funds managed by its real estate arm had obtained A$1.45 billion ($930 million) in the form of a sustainability-linked loan (SLL). The transaction constitutes the largest SLL lent to Australia’s industrial sector to date.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media