Tag Archives: Tony James

Blackstone Defaults: Subprime Meltdown 2?

Posted on March 5, 2023 by Lawrence Person

This story seems like it should be a bigger deal: Blackstone (NYSE:BX) has defaulted on part of a €531M bond backed by a commercial portfolio owned by Finnish property investment firm Sponda, which it acquired in 2017. The private equity … Continue reading →

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