IOF green bonds to be repurchased as part of Blackstone acquisition

On 26 July, Quartz Finance, an entity owned by Blackstone Group (Blackstone), appointed National Australia Bank to co-ordinate the purchase of Investa Office Fund (IOF)’s A$150 million (US$111.6 million) green-bond line which had been set to mature in April 2024. The purchase of the notes is subject to the finalisation of Blackstone’s acquisition of IOF.