Big 4 banks bankroll Blackstone’s purchase of HSBC’s $36b loan book

Aug 2, 2026 – 3.11pm ANZ and NAB are among lenders bankrolling the $1.85 trillion private capital juggernaut Blackstone’s record-setting acquisition of HSBC Australia’s $36 billion book of home and personal loans. Street Talk can reveal Blackstone has lined up $30 billion-plus in senior debt to pay for more than 90 per cent of what is Australia’s largest-ever securitisation transaction. Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Angira Bharadwaj is a co-editor of Street Talk. She covers IPOs, capital raises, mergers and acquisitions and other breaking news in Australia’s capital markets. Previously, she covered financial services, state, and federal politics. Send tips to @angirab.60 on encrypted messaging platform Signal. Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Subscribe now Already a subscriber?