Summary
Blackstone Inc. (BX) announced via an 8-K filing on May 25, 2022, the intention of its indirect subsidiary, Blackstone Holdings Finance Co. L.L.C., to offer senior notes denominated in Euros. These notes will be guaranteed by Blackstone Inc. itself and several of its other direct and indirect subsidiaries, including Blackstone Holdings I L.P. through IV L.P. This offering represents a strategic move by Blackstone to access European capital markets and diversify its funding sources. Investors should note that this is an announcement of intent and the specifics of the note offering, including the principal amount, interest rate, and maturity dates, were not detailed in this particular filing, but are expected to be outlined in the accompanying press release (Exhibit 99.1).
Key Highlights
- 1Blackstone Inc. subsidiary intends to offer euro-denominated senior notes.
- 2The offering is intended to access European capital markets.
- 3The notes will be guaranteed by Blackstone Inc. and several of its key L.P. subsidiaries.
- 4This filing serves as an announcement of the *intention* to offer notes, not the final terms of the offering.
- 5The press release attached as Exhibit 99.1 provides further details on this announcement.