Photo: Michael Nagle/Bloomberg News Blackstone is snapping up another $2 billion in commercial real-estate loans, extending the firm’s spending spree on discounted debt in the troubled sector.

Japan's biggest steelmaker will use a 500 billion yen subordinated loan to partially repay a 2 trillion yen bridge loan secured in June for the deal.

Private equity-backed Jefferson Capital has secured a valuation of $1.2 billion after its shares rose 26.7% in their Nasdaq debut on Thursday, signaling a steady recovery in investor appetite for ...

(Reuters) -Warner Music Group and Bain Capital are launching a joint venture to purchase up to $1.2 billion of music catalogs, the companies said on Tuesday, the latest in a series of partnerships ...

SEVILLE, Spain (Reuters) -Spain will redirect an additional $1.9 billion in Special Drawing Rights to the International Monetary Fund as part of an effort to support developing countries, Economy ...

Nikanor Nangolo The Namibia Students Financial Assistance Fund (NSFAF) has recovered just N$18.2 million - less than 1% of the total student debt of approximately N$1.82 billion - by the end of ...

Warner Music Group and Bain Capital are launching a joint venture to allow for the purchase of up to $1.2 billion in music catalogs across both recorded music and music publishing. The partnership ...

Democratic lawmakers released a report Tuesday alleging that President Donald Trump’s federal pardons and clemency grants could wipe away more than $1.3 billion in payments to victims and the ...

(Reuters) -Alternative asset manager Blackstone has bought commercial real estate loans worth nearly $2 billion from Atlantic Union Bankshares, the companies said on Thursday. The loans were part ...

In conclusion, Blackstone’s $2 billion acquisition of discounted real-estate loans underscores the firm’s strategic acumen and confidence in the real estate market’s long-term potential.

The company reported record revenue of $ 18.2 billion, up 6% YoY and its second-highest consolidated EBITDA of $ 5.5 billion, up 16% YoY, with EBITDA margin rising to an industry-leading 36%.