debt
confidence high
sentiment neutral
materiality 0.50
Blackstone enters amended $4.325B revolving credit facility with extended maturity to 2030
Blackstone Inc.
- Credit facility size unchanged at $4.325 billion, unsecured, revolving.
- Maturity extended from December 15, 2028 to October 16, 2030.
- Minimum fee-generating AUM covenant raised from $294B to $355B.
- Borrower is Blackstone Holdings Finance Co., with guarantors; terms otherwise similar.