Blackstone Seeks to Amend, Extend $957 Million Interplex Loan

Blackstone is in talks with banks to amend and extend its $957 million loan that had backed its acquisition of Singaporean precision engineering firm Interplex Holdings Pte., according to people familiar with the matter.

The US private equity firm is seeking to extend the loan for five more years and increase the size to as much as $997 million, the people said, asking not to be identified discussing private matters. The original loan is due to mature in 2027.

Talks are ongoing and details of the deal could change, the people added.

Blackstone declined to comment.

The discussions come ...