Blackstone Announces Senior Notes Offering
Deal News | Dec 02, 2024 | Blackstone
Blackstone, a leading global investment firm, announced its plan to offer senior notes through its indirect subsidiary, Blackstone Reg Finance Co. L.L.C. These notes are to be fully guaranteed by Blackstone Inc. and several of its indirect subsidiaries, including Blackstone Holdings I L.P., Blackstone Holdings AI L.P., Blackstone Holdings II L.P., Blackstone Holdings III L.P., and Blackstone Holdings IV L.P. The capital raised from this offering will be utilized for general corporate purposes. This issuance will proceed under an existing shelf registration statement with the SEC, and detailed information about the offering is available via a prospectus and its supplement on the SEC’s website. The notes are being marketed and sold through prominent financial institutions like BofA Securities, Citigroup Global Markets, Morgan Stanley, RBC Capital Markets, and SMBC Nikko Securities America.
Sectors
- Financial Services
- Investment Management
Geography
- United States – Blackstone is a U.S.-based firm, and the notes offering is being conducted under U.S. financial regulations, specifically with the SEC.
Industry
- Financial Services – The article discusses the issuance of financial instruments managed by a major investment firm.
- Investment Management – Blackstone, an investment management firm, is issuing senior notes as part of its capital-raising strategy.
Financials
- Not specified – The article does not specify the amount to be raised through the senior notes offering.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Blackstone | Issuer | Company | A leading global investment firm planning to issue senior notes through its subsidiary. |
| Blackstone Reg Finance Co. L.L.C. | Subsidiary Offering Notes | Company | An indirect subsidiary of Blackstone Inc. that is facilitating the notes offering. |
| U.S. Securities and Exchange Commission (SEC) | Regulatory Body | Government | The agency with which the notes offering is registered. |
| BofA Securities, Inc. | Financial Institution/Distributor | Company | A financial institution involved in distributing the senior notes. |
| Citigroup Global Markets Inc. | Financial Institution/Distributor | Company | A financial institution involved in distributing the senior notes. |
| Morgan Stanley & Co. LLC | Financial Institution/Distributor | Company | A financial institution involved in distributing the senior notes. |
| RBC Capital Markets, LLC | Financial Institution/Distributor | Company | A financial institution involved in distributing the senior notes. |
| SMBC Nikko Securities America, Inc. | Financial Institution/Distributor | Company | A financial institution involved in distributing the senior notes. |