Blackstone Completes Senior Notes Offering
Blackstone (NYSE: BX) has successfully completed its offering of $650 million of 1.625% senior notes due 2028, $800 million of 2.000% senior notes due 2032, and $550 million of 2.850% senior notes due 2051. All notes are guaranteed by The Blackstone Group Inc. and its subsidiaries. Proceeds from this offering will be utilized for general corporate purposes, including funding a portion of the acquisition of a 9.9% stake in American International Group's life and retirement business. The notes were sold to qualified institutional buyers under Rule 144A and Regulation S.
- Successful completion of $2 billion note offering.
- Proceeds will fund a strategic acquisition in AIG's life and retirement business.
- Notes have not been registered under the Securities Act of 1933, limiting their marketability.
Blackstone (NYSE: BX) has completed its previously announced offering of
The notes were offered and sold to qualified institutional buyers in the United States pursuant to Rule 144A and outside the United States pursuant to Regulation S under the Securities Act of 1933.
The notes have not been registered under the Securities Act of 1933 or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act of 1933 and applicable state laws.
This press release shall not constitute an offer to sell or a solicitation of an offer to purchase the notes or any other securities, and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful. This press release is being issued pursuant to and in accordance with Rule 135c under the Securities Act of 1933.
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