Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Politics › Blackstone Unit to Buy HSBC’s Australian Loan Book, AFR Says
Politics

Blackstone Unit to Buy HSBC’s Australian Loan Book, AFR Says

Bloomberg Markets Monday 27 July 2026, 00:45 UTC By Joyce Koh 1 min read
Key Points

Blackstone Unit to Buy HSBC’s Australian Loan Book, AFR Says Blackstone Inc.’s private credit division is set to buy HSBC Holdings Plc’s A$30 billion-plus ($21 billion) Australian loan book, the Australian Financial Review reports. A sale to Blackstone would mark the firm’s entry to Australia’s home lending market, the AFR said, citing sources familiar with the matter. The assets had drawn interest from KKR & Co., Apollo Global Management Inc. and Cerberus Capital Management LP, after plans...

Blackstone Unit to Buy HSBC’s Australian Loan Book, AFR Says Blackstone Inc.’s private credit division is set to buy HSBC Holdings Plc’s A$30 billion-plus ($21 billion) Australian loan book, the Australian Financial Review reports. A sale to Blackstone would mark the firm’s entry to Australia’s home lending market, the AFR said, citing sources familiar with the matter. The assets had drawn interest from KKR & Co., Apollo Global Management Inc. and Cerberus Capital Management LP, after plans to sell the entire business to National Australia Bank Ltd. or Macquarie Group Ltd. previously fell through, according to the AFR.
Blackstone Unit (ORG) HSBC (ORG) Australian Loan Book (ORG) AFR (ORG) Blackstone Inc.’s (ORG) HSBC Holdings Plc’s (ORG) Australian (ORG) the Australian Financial Review (ORG) Blackstone (ORG) Australia (LOCATION) KKR & Co. (ORG) Apollo Global Management Inc. (ORG) Cerberus Capital Management LP (ORG) National Australia Bank Ltd. (ORG) Macquarie Group Ltd. (ORG)
Originally published by Bloomberg Markets Read original →

Related Stories

Marcos faces nation at Sona as corruption crackdown hits Philippine growth

Philippine President Ferdinand Marcos Jnr heads into Monday’s State of the Nation Address facing a legacy-defining question: can he balance his anti-corruption drive with sustaining economic growth and the needs of ordinary Filipinos? The address, known locally as the Sona, opens the final two years of Marcos’ presidency. Analysts say his administration must show tangible results from its investigation into the alleged billions of pesos in discrepancies relating to flood-control projects...

South China Morning Post 15m ago

ICAC told developer allegedly used Perrottet brothers to seek influence

Jean Nassif allegedly wanted to use Perrottet brothers to influence government decisions, ICAC hears Mon 27 Jul 2026 at 12:19pm The corruption watchdog has heard that fugitive developer Jean Nassif allegedly sought to use former NSW premier Dominic Perrottet's brothers to influence government decisions. The NSW Independent Commission Against Corruption (ICAC) is investigating alleged breaches of state electoral funding laws and possible corrupt conduct. The eight-week public inquiry,...

ABC Australia 26m ago

Live: Your questions answered as clock ticks down to nationwide alert test

live AusAlert test live: Experts answers your questions ahead of Aus Alert test At 2pm today, all compatible phones in Australia will be part of the test for the new AusAlert emergency warning system set to go live in October. The new system, hoped to better inform Australians during natural disasters and emergencies, has not been launched without concerns from certain groups. Experts are jumping on the blog to answer your burning questions about how it will work.

ABC Australia 43m ago

Indonesia central bank governor Warjiyo steps down in surprise exit

Bank Indonesia Governor Perry Warjiyo has stepped down from his role, Indonesia’s State Secretariat Minister Prasetyo Hadi said on Monday, a surprise move analysts said could rattle investors worried about the central bank’s independence and ‌the country’s fiscal management. President Prabowo Subianto has accepted Warjiyo’s resignation, the minister said ahead of the opening of financial markets in Jakarta. Destry Damayanti, a senior deputy governor at BI, has been appointed as interim...

South China Morning Post 44m ago