Blackstone hunts for financing for Valad acquisition
Blackstone is reportedly seeking A$431 million ($452 million) in financing to complete its purchase of distressed Australian property group Valad, and will tap investors in Australia and Greater China for the money.
Blackstone has tasked JP Morgan and National Australia Bank with locating financers, according to Thomson Reuters Basis Point, and will hold roadshows in Taipei, Hong Kong and Sydney to attract investors....
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