other_material
confidence high
sentiment neutral
materiality 0.60
Blackstone RE Credit Fund sells 3.14M common shares for $80M in unregistered offering
Blackstone Private Real Estate Credit & Income Fund
- Sold 3,137,255 common shares at an implied price of ~$25.50 per share on August 1, 2025 (finalized August 21).
- Total consideration of $80 million received from participating investors under subscription agreements.
- Exempt from registration under Section 4(a)(2) and Regulation D/S of the Securities Act.
item 3.02