middle.news

HSBC Australia Agrees to Sell AUD36 Billion Loan Portfolio to Blackstone

10:27am on Friday 31st of July, 2026 AEST Financial Services
Read Story

HSBC Australia Agrees to Sell AUD36 Billion Loan Portfolio to Blackstone

10:27am on Friday 31st of July, 2026 AEST
Key Points
  • HSBC Australia to sell AUD36 billion home and personal loan portfolio
  • Blackstone affiliates to acquire portfolio via Virgo BidCo Pty Ltd
  • Sale subject to regulatory approvals and expected to close H1 2027
  • HSBC to appoint Pepper Money and Perpetual Nominees as successor servicer and manager for securitised loans
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Lion Series 2024-1 Trust (ASX:LN3)
OPEN ARTICLE