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Blackstone Refinances Pan-European Urban Logistics Portfolio

09.25.18

Simpson Thacher represented Blackstone in its circa EUR 300 million refinancing of its acquisition of a portfolio of pan-European logistics assets.

The portfolio consists of 93 assets across Belgium, France, Germany and the Netherlands, and was acquired by Blackstone in June 2018 from Marathon Capital. The financing consisted of a senior loan (with Deutsche Bank and Societe Generale) and a mezzanine loan (with Partners Group).

The Simpson Thacher team acting on the refinancing included Tom Lloyd, Luke Murphy and Pamela Rosindale (Real Estate).

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