other material
confidence high
sentiment neutral
materiality 0.65
Blackstone Mortgage Trust completes 10M-share public offering at $31.45, raising ~$314M net
BLACKSTONE MORTGAGE TRUST, INC.
- Sold 10M shares of class A common stock at $31.45 per share to underwriters.
- Net proceeds after estimated offering expenses were approximately $314.2 million.
- Underwriters have a 30-day option to purchase up to an additional 1.5M shares.
- Offering made under effective shelf registration statement and prospectus supplement dated Nov 18, 2021.