Blackstone Leads $2 Billion Private Loan for Data Center Firm

-- Blackstone Inc. led a roughly $2 billion financing package to Park Place Technologies to refinance the company’s debt and to fund a payout to its private equity owners, according to people with knowledge of the matter.Apple Plans to Overhaul Entire Mac Line With AI-Focused M4 Chips

Representatives for Blackstone, Blue Owl and GTCR declined to comment, while those for Charlesbank and Park Place didn’t immediately respond to requests for comment. LevFin Insights first reported some elements of the deal. ‘Who in the hell needs a Rolex watch?’: Why Charlie Munger warned Americans against ‘pretentious expenditures’A brazen cyber-heist of $14.2 million has sparked a bizarre court battle between one of Canada's largest banks and one of the country's biggest cryptocurrency services business.Nearly three months after hackers wired millions out of Canadian Western Bank's accounts payable system, a B.C.

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Blackstone Leads $2 Billion Private Loan for Data Center FirmBlackstone Inc. led a roughly $2 billion financing package to Park Place Technologies to refinance the company’s debt and to fund a payout to its private equity owners, according to people with knowledge of the matter.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Blackstone Plans $1 Billion-Plus Loan Backed by Flagship BetsBlackstone Inc. intends to borrow more than $1 billion against investments in an older private equity fund as a once-unorthodox form of lending gains traction among the biggest money managers.
Source: BNNBloomberg - 🏆 83. / 50 Read more »