6 days ago
Blackstone Turns to Private Credit for $3 Billion Enverus Loan
Blackstone Inc. is in discussions with a group of private credit lenders for approximately $3 billion of debt to support its acquisition of energy data platform Enverus Inc., according to people with knowledge of the matter.
The financing package is expected to include lenders that have extended debt to Enverus in the past, said the people, who requested anonymity to discuss a private transaction. Discussions regarding the makeup of the lender group and the terms of the financing are still ongoing, said the people.
