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HSBC Australia to offload AUD36 billion loan portfolio to Blackstone
10:29am on Friday 31st of July, 2026 AEST
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Financial Services
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HSBC Australia to offload AUD36 billion loan portfolio to Blackstone
10:29am on Friday 31st of July, 2026 AEST
Key Points
HSBC Australia sells AUD36 billion loan portfolio to Blackstone
Sale includes home and personal loans, excludes securitised Lion Portfolio
Pepper Money and Perpetual Nominees appointed as new servicer and manager
Regulatory approvals and operational readiness needed for closing
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Lion Series 2022-1 Trust (ASX:LN1)
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