BlackRock Faces Challenge Recovering Defaulted Loan from Chinese Company

A unit of Metcold defaulted on a $27.5 million portion of a loan provided by BlackRock's Asia Pacific Private Credit Opportunities Fund II, prompting the firm to seek enforcement against Henry Ha’s personal guarantee. This marks one of the first defaults in this fund and raises questions about lending practices in Asia compared to other markets.

By Trista Xinyi Luo and Kari Lindberg Thu, May 7, 2026 at 6:35 AM GMT+3 2 min read · Yahoo Finance · May 7, 2026, 03:35 UTC

Tickers: $BLK

Topics: Asia private credit market BlackRock China loan default Metcold

Read the full article at Yahoo Finance

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