01:37 PM EST, 11/11/2025 (MT Newswires) -- Blackstone (BX) is leading a 1.5 billion British pound ($2 billion) private credit package backing Permira's acquisition of JTC, Bloomberg reported Tuesday, citing regulatory filings.

CVC Credit, Singapore's GIC, Oak Hill Advisors, Blue Owl Capital, Canada's Public Sector Pension Investment Board, and Jefferies are also participating, the report said.

The financing includes 1.1 billion pounds in senior loans, a delayed draw term loan worth 250 million pounds, and a revolving credit facility of 150 million pounds, with pricing at 475 basis points over benchmark rates for sterling and euro tranches and 450 basis points for the dollar portion.

Blackstone, Permira and JTC did not immediately respond to MT Newswires' request for comment on the matter.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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