By Wendy Van Sickle
Columbus, Ohio, Oct. 31 – Blackstone Holdings Finance Co. LLC priced $600 million of 5.9% senior notes due 2027 and $900 million of 6.2% senior notes due 2033 on Monday, according to a press release by parent Blackstone Group Inc.
The notes (A+) will be guaranteed by the parent and its indirect subsidiaries, Blackstone Holdings I LP, Blackstone Holdings AI LP, Blackstone Holdings II LP, Blackstone Holdings III LP and Blackstone Holdings IV LP.
Distribution will be via Rule 144A and Regulation S.
Proceeds will be used for general corporate purposes.
Blackstone is a New York-based investment firm.
| Issuer: | Blackstone Holdings Finance Co. LLC
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| Guarantors: | Blackstone Group Inc., Blackstone Holdings I LP, Blackstone Holdings AI LP, Blackstone Holdings II LP, Blackstone Holdings III LP and Blackstone Holdings IV LP
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| Amount: | $1.5 billion
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| Issue: | Senior notes
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| Pricing date: | Oct. 31
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| Rating: | S&P: A+
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| Distribution: | Rule 144A and Regulation S
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| 2027 notes
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| Amount: | $500 million
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| Maturity: | 2027
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| Coupon: | 5.9%
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| 2033 notes
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| Amount: | $900 million
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| Maturity: | 2033
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| Coupon: | 6.2%
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