{"id":94850,"date":"2026-07-31T15:58:06","date_gmt":"2026-07-31T15:58:06","guid":{"rendered":"https:\/\/www.europesays.com\/britain\/94850\/"},"modified":"2026-07-31T15:58:06","modified_gmt":"2026-07-31T15:58:06","slug":"blackstone-backs-18-8bn-acquisition-of-hsbc-australian-mortgage-portfolio","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/britain\/94850\/","title":{"rendered":"Blackstone backs \u00a318.8bn acquisition of HSBC Australian mortgage portfolio"},"content":{"rendered":"<p class=\"isSelectedEnd\">Blackstone has agreed to finance the acquisition of HSBC\u2019s A$36bn (\u00a318.8bn) Australian home loan portfolio, in what the alternative asset manager described as the world\u2019s largest mortgage portfolio transaction.<\/p>\n<p class=\"isSelectedEnd\">Funds managed by Blackstone Credit &amp; Insurance, Blackstone Tactical Opportunities and Blackstone Real Estate Debt Strategies will provide the capital for the transaction.<\/p>\n<p class=\"isSelectedEnd\">Pepper Money, an Australia and New Zealand-focused non-bank lender, will act as loan management partner for the portfolio following completion. Pepper will work with Blackstone and HSBC to manage the transfer and service the loans.<\/p>\n<p>Read more: <a href=\"https:\/\/alternativecreditinvestor.com\/2026\/07\/30\/private-credit-ai-platform-ellis-launches-with-10m-seed-funding\/\" rel=\"nofollow noopener\" target=\"_blank\">Private credit AI platform Ellis launches with $10m seed funding<\/a><\/p>\n<p class=\"isSelectedEnd\">Blackstone said the arrangement would support a seamless transfer for HSBC borrowers while helping customers to retain competitively priced loans.<\/p>\n<p>Dan Leiter, head of international at Blackstone Credit &amp; Insurance, said international expansion was a \u201cmajor priority\u201d for the firm\u2019s private credit business.<\/p>\n<p class=\"isSelectedEnd\">\u201cThis marquee investment is a testament to the power of our franchise and our conviction in the growing opportunities in credit across Asia,\u201d he said.<\/p>\n<p class=\"isSelectedEnd\">Mike Culhane, head of international business development for asset-based finance at Blackstone Credit &amp; Insurance, said Australia remained an attractive market for long-term credit investment.<\/p>\n<p class=\"isSelectedEnd\">\u201cWe are pleased to invest in a high-quality Australian home loan portfolio while supporting a seamless transition for HSBC customers,\u201d he said.<\/p>\n<p>Reuters reported that the transaction is expected to complete during the first half of 2027.<\/p>\n<p>Read more: <a class=\"wpp-post-title\" href=\"https:\/\/alternativecreditinvestor.com\/2026\/07\/28\/man-group-net-inflows-top-7bn-amid-clear-appetite-for-private-credit\/\" target=\"_self\" rel=\"nofollow noopener\">Man Group net inflows top $7bn amid \u201cclear\u201d appetite for private credit<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Blackstone has agreed to finance the acquisition of HSBC\u2019s A$36bn (\u00a318.8bn) Australian home loan portfolio, in what the&hellip;\n","protected":false},"author":2,"featured_media":94851,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[20667],"tags":[38965,9881],"class_list":["post-94850","post","type-post","status-publish","format-standard","has-post-thumbnail","category-hsbc","tag-blackstone","tag-hsbc"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@UnitedKingdom\/117015419383550323","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/94850","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/comments?post=94850"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/94850\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media\/94851"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media?parent=94850"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/categories?post=94850"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/tags?post=94850"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}