Dossier
Australian home loan portfolio
Coverage of Australian home loan portfolio in the Nexus archive.
- HSBC to sell US$25b of Australian home loans to Blackstone at a loss of less than US$100m
HSBC Holdings agreed to sell its US$25 billion Australian home loan portfolio to a Blackstone unit, resulting in an immaterial pre-tax loss of less than US$100 million by 2027. The sale price includes a premium based on interest rate changes, collections, and costs.
- HSBC to sell US$25b of Australian home loans to Blackstone at a loss of less than US$100m
HSBC Holdings agreed to sell its US$25 billion Australian home loan portfolio to Blackstone, resulting in an immaterial pre-tax loss of less than US$100 million by the first half of 2027. The sale price includes a premium based on interest rate changes, collections, and costs.