Blackstone Digs In Against Pimco With Mortgage Lender Bankruptcy; Chapter 11 proposal would increase Blackstone's stake in Stearns

Published: 10/07/2019
Blackstone Digs In Against Pimco With Mortgage Lender Bankruptcy; Chapter 11 proposal would increase Blackstone's stake in Stearns
Source: PEVC.DOWJONES.COM

Blackstone Group LP's proposal to recapitalize its portfolio company, Stearns Lending LLC, would increase the private-equity firm's stake in the residential mortgage lender to 100%, a rare development among corporate bankruptcies that ...

Read more
Related news
Comment
FACEBOOK