Blackstone defaults on $562 million Nordic property-backed CMBS
(Reuters) -Blackstone Inc has defaulted on a 531 million euro ($562.5 million) bond backed by a portfolio of offices and stores owned by Finnish company Sponda Oy, Bloomberg News reported, as rising interest rates hit European property values.
https://finance.yahoo.com/news/blackstone-defaults-562-million-nordic-160233476.html