Market Chatter: Blackstone Faces Above-Average Pricing on Flow Control Buyout Loan
MT newswire2026/10/06 17:3901:39 PM EDT, 10/06/2026 (MT Newswires) -- Blackstone (BX) faces above-average pricing to finance its acquisition of a controlling stake in Flow Control, with banks led by UBS Group (UBS) offering investors as much as 4 percentage points over the benchmark on the deal's loan, Bloomberg reported Tuesday, citing a person familiar with the matter. The margin stands out against the average 2.96-percentage-point spread on US leveraged loans priced so far this year, Bloomberg data show, according to the report. The lender group is pitching the $1.05 billion, seven-year loan at 99 cents on the dollar, with orders due Oct. 15, the report said. Blackstone and UBS didn't immediately respond to requests for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.) Price: 112.49, Change: +0.84, Percent Change: +0.75
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Jensen Huang's influence surpasses that of Nvidia— and that's exactly the problem
Jensen Huang has been the key driving force behind the massive expansion of AI infrastructure, with his personal credibility and authoritative decision-making deeply embedded in the narrative of the global tech market’s rise over the past three years. Now, as scandals emerge, Nvidia’s trading team is expected to become more conservative and slow down external financing commitments, which undoubtedly worsens the situation for neoclouds already facing tight funding.
Deutsche Bank made significant Q3 purchases of midstream AI application stocks: the three major cloud giants saw increased holdings, with Palantir (PLTR.US) and Salesforce (CRM.US) also favored.
Deutsche Bank has submitted its third quarter 13F holdings report for the period ending September 30, 2026.
Crypto prices
More
