Blackstone announced that its indirect subsidiary, Blackstone Reg Finance Co. L.L.C., has priced an underwritten public offering of $1.1 billion in aggregate principal amount of senior notes. The company intends to use the net proceeds from the offering for general corporate purposes.
Key Details
- Total Offering: $1.1 billion, consisting of two tranches of senior notes.
- Tranche 1: $600 million aggregate principal amount of 5.650% Senior Notes due 2031.
- Tranche 2: $500 million aggregate principal amount of 5.900% Senior Notes due 2033.
- Guarantee: The notes are to be fully and unconditionally guaranteed by Blackstone Inc. and several of its indirect subsidiaries.