---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-299933"
form_type: "8-K"
ticker: "BX"
cik: "0001393818"
company_name: "Blackstone Inc."
filed_at: "2023-12-20T23:59:59+00:00"
generated_at: "2026-06-07T09:45:44.815631+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Blackstone amends $4.325B revolver; maturity extended to Dec 2028, minimum AUM covenant raised to $294B

## Summary
- Maturity date extended from June 2027 to December 15, 2028.
- Minimum fee-generating assets under management covenant increased from $271B to $294B.
- Canadian dollar loan reference rate changed from CDOR to CORRA (Canadian Overnight Repo Rate Average).
- Facility remains unsecured with no changes to financial covenants other than AUM threshold.

## SEC filing metadata
- accession: 0001193125-23-299933
- form_type: 8-K
- ticker: BX
- cik: 0001393818
- company_name: Blackstone Inc.
- filed_at: 2023-12-20T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1393818/000119312523299933/0001193125-23-299933-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1393818/000119312523299933/d669280d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-299933
- JSON: https://secwatch.observer/filing/0001193125-23-299933.json
- Plain text: https://secwatch.observer/filing/0001193125-23-299933.txt

## Key facts
- Material Agreements
  Blackstone Inc. amended New Credit Facility with Citibank, N.A. valued at $4.325 billion (effective 2023-12-15).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Citibank, N.A.
  - Value: $4.325 billion
  - Effective: 2023-12-15
  source text: On December 15, 2023, Blackstone Holdings Finance Co. L.L.C., as borrower (the “Borrower”), and Blackstone Holdings AI L.P., Blackstone Holdings I L.P., Blackstone Holdings II L.P., Blackstone Holdings III L.P. and Blackstone Holdings IV L.P., as guarantors (collectively, the “Guarantors”), entered into an amended and restated $4.325 billion revolving credit facility (the “New Credit Facility”) with Citibank, N.A., as administrative agent, and the lenders party thereto.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1393818/000119312523299933/0001193125-23-299933-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.