07:03 AM EDT, 10/09/2025 (MT Newswires) -- Blackstone (BX) unit Clarion Events is in talks to borrow 1.1 billion British pounds ($1.47 billion) from private credit lenders to fund a dividend and refinance debt, Bloomberg reported Thursday, citing people familiar with the matter.

Blackstone continues to weigh long-term options for Clarion, including a sale, which could take until next year to complete, the report said. Blackstone started plans to sell the business, which organizes exhibitions, over the summer, the report added.

The financing under consideration is a dividend recapitalization, and it is expected to include a portability clause, eliminating the need for refinancing if Clarion is sold, the report added.

Blackstone did not immediately respond to MT Newswires' request for comment.

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