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Blackstone’s Private Credit Line to Dropbox Raised to $2.7 Billion
Yahoo Finance· 2025-09-09 15:11
Dropbox is among a number of public companies that are increasingly turning to direct lenders for easy access to financing. Blackstone Inc. has expanded its private credit line for the file-sharing site Dropbox Inc. to $2.7 billion, nine months after striking the initial deal. Most Read from Bloomberg Dropbox increased its leverage by $700 million while authorizing a new $1.5 billion stock buyback plan, a filing and company statement show. Blackstone first put together a $2 billion private credit loan in ...