Blackstone and Santander finalize the constitution of the new company Quasar

Blackstone and Santander finalize the constitution of the new company Quasar

The information is given by sources close to the transaction, quoted by EjePrime, according to which, for this agreement, the American fund will hold 51% of Quasar and Santander with the remaining 49%. Blackstone will also be in charge of the management of this portfolio, led by Eduard Mendiluce, also the first executive of Anticipa, the other major real estate that the fund has in Spain.

Quasar predicts a syndicated loan of €7,300 million, led by Morgan Stanley and Deutsche Bank, taking part of the loan to Blackstone, by its branches, of €1 billion. In parallel, Blackstone and Santander put € 3,000 million in the company's capital.

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