Blackstone Prices $1.1 Billion Senior Notes Offering via Subsidiary
Blackstone (BX) has finalized the pricing of a $1.1 billion senior notes offering through its indirect subsidiary, Blackstone Reg Finance. The debt issuance is split into two tranches: $600 million in 5.650% senior notes maturing in 2031 and $500 million in 5.900% senior notes maturing in 2033. The notes are structured to be fully and unconditionally guaranteed by the parent company, Blackstone. This capital raise provides additional liquidity and financing flexibility for the firm's various investment activities and subsidiary operations.
Tickers: $BX
Topics: bond issuance debt financing senior notes
Read the full article at Seeking Alpha
Part of the story Mid-America Apartment Communities Prices $350 Million Senior Unsecured Notes Offering (5 articles)