Blackstone seeks banks for Piramal Glass buyout loan

By Pan Yue
18 Nov 2020

Blackstone is working on the financing for a potential acquisition of India’s Piramal Glass. Although the deal is still in its early stages, international banks are facing competition from cheap onshore liquidity. Pan Yue reports.

Blackstone is talking to banks to put together a financing package of about $400m to support the acquisition. The private equity firm is still in discussions about the structure of the loan. GlobalCapital Asia understands the firm is considering both onshore financing and dollar debt, according to three ...

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