Blackstone Buys Into Santander’s $1 Billion Loan Portfolio
- Portfolio is made up of a pool of infrastructure loans
- Santander seeks to boost profits through SRTs, asset sales
This article is for subscribers only.
Blackstone Inc. has bought interests in a portfolio of infrastructure loans from Banco Santander SA worth $1 billion, according to a statement seen by Bloomberg News.
The portfolio is made up of loans that are financing assets in digital infrastructure such as data centers, as well as other areas such as renewables and transportation, according to the note from Blackstone.