debt
confidence high
sentiment neutral
materiality 0.55
BXMT prices $450M 6.250% senior secured notes due 2031 to repay existing debt
BLACKSTONE MORTGAGE TRUST, INC.
- $450M aggregate principal amount of 6.250% Senior Secured Notes due 2031 issued at par.
- Interest payable semi-annually on June 1 and December 1, commencing December 1, 2026; maturity June 1, 2031.
- Notes fully and unconditionally guaranteed by certain domestic subsidiaries on a secured basis.
- Closing expected May 19, 2026; net proceeds used for general corporate purposes, including paying down existing secured indebtedness.
- Offered privately to QIBs under Rule 144A and to non-U.S. persons under Regulation S.