other_material
confidence high
sentiment neutral
materiality 0.80
Blackstone Digital Infrastructure Trust completes $2.0B IPO and enters $1.0B credit facility
Blackstone Digital Infrastructure Trust Inc.
- IPO of 87.5M shares at $20.00 per share; underwriters exercised option; total gross proceeds of $2.0B.
- Post-IPO shares outstanding: 100.6M; net proceeds to be invested in stabilized data center assets.
- Operating Partnership entered $1.0B senior secured revolving credit facility with Citibank; can expand to $4.0B.
- Entered into management agreement with BX REIT Advisors and registration rights agreement with Blackstone Treasury Holdings.
- Board adopted Stock Incentive Plan; filed amended charter and bylaws, effective May 13, 2026.
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