Blackstone reaches deal with bondholders on defaulted Nordic debt

Blackstone Inc. has reached an agreement with creditors on a defaulted loan, a move that will buy the private equity giant time to sell the remainder of a Finnish property portfolio.

Photo: Jeenah Moon/Reuters/Ritzau Scanpix

By Jack Sidders / Bloomberg

Holders of the commercial mortgage backed securitized notes voted to approve an extension of the underlying senior loan maturity date to Feb. 15 2027, with the final note maturity extended to May 2031, according to a filing Friday.

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Blackstone reaches deal with bondholders on defaulted Nordic debt

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Danish central bank warns of Swedish real estate spillover risk

Hedge fund flags potential pitfalls in landlord SBB’s bond buyback

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Front page now

Comment: Investors don’t need to invent policies on Gaza

The list of money managers axing oil stocks just got longer

US manager sees Nordic clients return to EM equities due to "excessive concentration"

Oil Fund to publish shareholder votes live on Bloomberg

Carnegie is skeptical about Storebrand's increased stake in AIP

Nordic Alpha Partners reels in international investment giants for second fund

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Nordic institutional investors still see potential in beleaguered Swedish battery producer

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Ignore the ‘AI revolution’ at your own peril, global investors warn

Further reading

Nordic institutional investors still see potential in beleaguered Swedish battery producer

World's best EMD team still waiting for clients to return to Danske AM

Eight Nordic managers move up in global top 500 ranking

The list of money managers axing oil stocks just got longer

US manager sees Nordic clients return to EM equities due to "excessive concentration"

Nordic Alpha Partners reels in international investment giants for second fund