WSJ Roundup: Blackstone, Germans, and a Tenant’s Market
October 30, 2009
Blackstone’s Hilton Deal
The LBO market was torrid during 2006-2007. So was commercial real estate. Combine the two, and you have the Blackstone/Hilton deal.
In the Hilton negotiations, Blackstone is considering contributing $800 million of new equity to buy back debt at a discount. It also is seeking to extend debt maturing in 2013 to 2016, while [...]
