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.

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