financetom
Business
financetom
/
Business
/
Update: Market Chatter: Blackstone Seeks to Extend, Expand Loan to Acquire Interplex
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Update: Market Chatter: Blackstone Seeks to Extend, Expand Loan to Acquire Interplex
Aug 27, 2025 7:16 AM

09:46 AM EDT, 08/27/2025 (MT Newswires) -- (Updates with response from Blackstone in the fourth paragraph.)

Blackstone (BX) is in discussions with creditors to amend and extend its $957 million loan to finance the acquisition of Singapore-based engineering firm Interplex, Bloomberg reported Wednesday, citing people familiar with the matter.

The private equity firm is seeking to extend the loan by five years beyond its 2027 maturity and increase it to as much as $997 million, the report said.

The negotiations are ongoing and the deal could change, the report said.

Blackstone declined to comment when contacted by MT Newswires.

(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.)

Price: 172.29, Change: +0.82, Percent Change: +0.48

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Rivian eyes new debt deal as expected vehicle deliveries slump, Bloomberg News reports
Rivian eyes new debt deal as expected vehicle deliveries slump, Bloomberg News reports
May 30, 2025
(Reuters) -Rivian Automotive ( RIVN ) is working with JPMorgan Chase ( JPM ) on a potential high-yield bond sale, in part to refinance its upcoming debt, Bloomberg News reported on Friday, citing people familiar with the transaction. The EV maker is looking to raise as much as $2 billion, partly to replace existing bonds that mature in 2026, the...
Canadian oil sands company evacuates workers due to wildfire threat
Canadian oil sands company evacuates workers due to wildfire threat
May 30, 2025
CALGARY, May 30 (Reuters) - MEG Energy ( MEGEF ) said on Friday it has evacuated all non-essential workers from its oil sands site in northern Alberta due to wildfires burning in the area. The company said it has not curtailed its oil production. ...
Rivian eyes new debt deal as expected vehicle deliveries slump, Bloomberg News reports
Rivian eyes new debt deal as expected vehicle deliveries slump, Bloomberg News reports
May 30, 2025
May 30 (Reuters) - Rivian Automotive ( RIVN ) is working with JPMorgan Chase ( JPM ) on a potential high-yield bond sale, in part to refinance its upcoming debt, Bloomberg News reported on Friday, citing people familiar with the transaction. The EV maker is looking to raise as much as $2 billion, partly to replace existing bonds that mature...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved