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Blackstone eyes guaranteed notes to fund general corporate purposes
By Devika Patel
Knoxville, Tenn., Jan. 3 – Blackstone Group Inc. subsidiary Blackstone Holdings Finance Co. LLC plans to offer guaranteed senior notes, according to a press release.
The notes will be guaranteed by the company and its subsidiaries Blackstone Holdings I LP, Blackstone Holdings AI LP, Blackstone Holdings II LP, Blackstone Holdings III LP and Blackstone Holdings IV LP.
Proceeds will be used for general corporate purposes.
Blackstone is a New York-based investment firm.
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