secwatch / observer
8-K filed May 29, 2026, 8:30 AM ET CIK 0001953940
other material confidence high sentiment neutral materiality 0.70

Blackstone Private Equity Strategies Fund (TE) L.P.: debt financing — Blackstone PE Strategies Funds amend credit facility to $2.65B, issue ~$500M equity

Blackstone Private Equity Strategies Fund (TE) L.P.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Blackstone Private Equity Strategies Fund (TE) L.P. amended credit facility of $2.65 billion with Wells Fargo Bank, National Association at SOFR plus a spread of 3.00% per annum maturing May 25, 2029.

Instrument
credit facility
Principal
$2.65 billion
Counterparty
Wells Fargo Bank, National Association
Rate
SOFR plus a spread of 3.00% per annum
Maturity
May 25, 2029
Event
amendment
Exact text from the filing
The Amendment provides for, among other things, (a) an increase in the aggregate commitments to $2.65 billion (which may further be increased on a permanent or a temporary basis up to an amount agreed by each Joint Lead Arranger and the increasing lenders), (b) an extension of the scheduled maturity date to May 25, 2029 (subject to two further one-year extension options upon the payment of fees and satisfaction of certain customary conditions), (c) updates to interest rates (borrowings denominated in U.S. dollars bearing interest as of the date of the Amendment, at the Borrower’s discretion, at a rate of the (i) one-month term Secured Overnight Financing Rate (“SOFR”) plus a spread of 3.00% per annum, (ii) daily simple SOFR plus a spread of 3.00% per annum or (iii) Base Rate (as defined in the Credit Agreement) plus a spread of 2.00%)
View on SEC.gov
Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

Blackstone Private Equity Strategies Fund (TE) L.P. issued 1,359,375 Class I Units, 1,748,870 Class S Units, 47,313 Class D Units of unit to accredited investors and qualified purchasers for aggregate consideration of approximately $112.6 million.

Security
unit
Shares
1,359,375 Class I Units, 1,748,870 Class S Units, 47,313 Class D Units
Purchaser
accredited investors and qualified purchasers
Consideration
aggregate consideration of approximately $112.6 million
Exact text from the filing
Blackstone Private Equity Strategies Fund (TE) L.P. (2) Class I Units Series I 1,359,375 $ 49,134,079 1 Series II — $ — Series III — $ — Class S Units 1,748,870 $ 61,970,519 Class D Units 47,313 $ 1,525,000 Total $ 112,629,598
View on SEC.gov
Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

Blackstone Private Equity Strategies Fund (TE) L.P. issued 5,706,476 Class I Units, 3,475,094 Class S Units, 829 Class D Units, 69,364 Class N Units of unit to accredited investors and qualified purchasers for aggregate consideration of approximately $334.7 million.

Security
unit
Shares
5,706,476 Class I Units, 3,475,094 Class S Units, 829 Class D Units, 69,364 Class N Units
Purchaser
accredited investors and qualified purchasers
Consideration
aggregate consideration of approximately $334.7 million
Exact text from the filing
On May 1, 2026, Blackstone Private Equity Strategies Fund L.P. (the “BXPE U.S.”) and Blackstone Private Equity Strategies Fund (TE) L.P. (the “Feeder” and collectively with BXPE U.S., the “Funds,”) each sold unregistered limited partnership units (the “Units”) for aggregate consideration of approximately $334.7 million (1) and $112.6 million (2) , respectively.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Blackstone Private Equity Strategies Fund (TE) L.P. amended Second Amendment and Lender Joinder to the Credit Agreement with Wells Fargo Bank, National Association, as administrative agent valued at $2.65 billion (effective 2026-05-27).

Action
amendment
Agreement
credit facility
Counterparty
Wells Fargo Bank, National Association, as administrative agent
Value
$2.65 billion
Effective
2026-05-27
Exact text from the filing
On May 27, 2026, BXPE US Aggregator (CYM) L.P., a Cayman Islands exempted limited partnership and an affiliate of BXPE (as defined below) and the entity through which BXPE conducts its investment activities (the “Borrower”) entered into the Second Amendment and Lender Joinder to the Credit Agreement (the “Amendment”) with Wells Fargo Bank, National Association, as administrative agent (the “Administrative Agent”), and each of the lenders and the letter of credit issuers party thereto.
View on SEC.gov

41 debt financings filed in the last 30 days. Browse all debt financings →

Source: SEC EDGAR
accession 0001193125-26-246393
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