Blackstone Mortgage Trust Launches $450 Million Notes Offering

MT Newswires Live

2024/11/26

Blackstone Mortgage Trust (BXMT) said Monday it has started a private offering of $450 million of senior secured notes due 2029.

The company said it plans to use the net proceeds for general corporate purposes, including paying down debt.

Shares of Blackstone Mortgage Trust were up about 1.3% in recent trading.

Price: 18.91, Change: +0.25, Percent Change: +1.31

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