<\/p>\n
Blackstone has expanded its private credit line to Dropbox, raising the facility to $2.7bn just nine months after the original deal.<\/p>\n
The transaction adds $700m in delayed draw secured term loans to the $2bn loan agreed in December 2024, with proceeds potentially earmarked to refinance Dropbox\u2019s convertible senior notes due in 2026.<\/p>\n
As part of the arrangement, Dropbox authorised a fresh $1.5bn stock buyback programme, extending its capital return strategy. The company\u2019s shares have gained less than 3% in 2025, underperforming the broader market rally of about 10%.<\/p>\n
The financing maintains the same structure and pricing as the original facility, which included a $1bn delayed-draw option.<\/p>\n
Dropbox is one of several public companies increasingly tapping private credit markets for large-scale financing. In August, Meta selected PIMCO and Blue Owl to arrange a $29bn data centre financing, while earlier this year Apollo and Blackstone provided a $4bn loan to support Thoma Bravo\u2019s acquisition of Boeing\u2019s flight navigation unit.<\/p>\n
Blackstone\u2019s latest expansion underscores private credit\u2019s rising role in funding major corporate transactions, as borrowers seek flexible alternatives to traditional debt markets.<\/p>\n
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Blackstone has expanded its private credit line to Dropbox, raising the facility to $2.7bn just nine months after the original deal. The transaction adds $700m in delayed draw secured term loans to the $2bn loan agreed in December 2024, with proceeds potentially earmarked to refinance Dropbox\u2019s convertible senior notes due in 2026. As part of […]<\/p>\n","protected":false},"author":1,"featured_media":4849,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4848","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bez-rubriki"],"featured_image_src":{"landsacpe":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2025\/09\/Blackstone-7-1140x445.jpeg",1140,445,true],"list":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2025\/09\/Blackstone-7-463x348.jpeg",463,348,true],"medium":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2025\/09\/Blackstone-7-300x200.jpeg",300,200,true],"full":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2025\/09\/Blackstone-7.jpeg",2000,1333,false]},"_links":{"self":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/4848","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/comments?post=4848"}],"version-history":[{"count":1,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/4848\/revisions"}],"predecessor-version":[{"id":4850,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/4848\/revisions\/4850"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media\/4849"}],"wp:attachment":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media?parent=4848"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/categories?post=4848"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/tags?post=4848"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}