Blackstone Taps Private Credit to Fund Champions Group Buyout
Blackstone Inc. financed its acquisition of residential services provider Champions Group with a more than $1 billion private credit loan as buyout firms and lenders seek refuge from sectors prone...
By Ellen DiMauro · Bloomberg Markets
Blackstone Inc. financed its acquisition of residential services provider Champions Group with a more than $1 billion private credit loan as buyout firms and lenders seek refuge from sectors prone to artificial intelligence disruption.