Blackstone Prices $750 Million Senior Notes Offering
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Blackstone has priced a $750 million offering of 5.000% senior notes due 2034 through its subsidiary, Blackstone Reg Finance Co. L.L.C. The notes are guaranteed by Blackstone Inc. and its subsidiaries. The proceeds will be used for general corporate purposes.
December 02, 2024 | 11:45 pm
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Blackstone has successfully priced a $750 million senior notes offering, which is expected to provide the company with additional liquidity for general corporate purposes. The notes are guaranteed by Blackstone and its subsidiaries.
The successful pricing of the senior notes offering indicates strong investor confidence in Blackstone's financial stability. The additional liquidity from the offering can be used for strategic investments or debt management, potentially benefiting the company's financial position and stock price.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90