Blackstone Negotiates with Justrite on Private Loan Amid Debt Refinancing
ByAinvest
Friday, Aug 22, 2025 3:08 pm ET1min read
BX--
Blackstone is in talks with Justrite Safety Group for a private debt financing of approximately $700 million. The firm had initially sought financing in the broadly syndicated market, but negotiations stalled. The private loan is expected to carry higher borrowing costs than the previously offered leveraged financing. Justrite is also seeking to refinance a $570 million loan due in June 2026.
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