Bloomberg Business

Blackstone, Goldman Lead EQT’s $1.6 Billion Direct Loan Deal

Blackstone Inc. and Goldman Sachs Asset Management are leading a £1.25 billion ($1.6 billion) direct lending deal to support EQT AB’s recent purchase of Dechra Pharmaceuticals, as private credit lenders further encroach on traditional debt markets.

Texas Public Utility Commission Chair Peter Lake to Resign

Peter Lake announced he will step down as chairman of the Public Utility Commission of Texas less than a week after lawmakers pushed through power-market reforms meant to prevent a repeat of the deadly February 2021 blackouts.

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