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BX Blackstone Inc

117.75
-1.24 (-1.04%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Blackstone Inc NYSE:BX NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -1.24 -1.04% 117.75 123.11 117.75 121.50 4,436,984 01:00:00

Blackstone Real Estate Income Trust Offering $60 Billion in Stock in Revised Filing

25/01/2022 9:21pm

Dow Jones News


Blackstone (NYSE:BX)
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By Stephen Nakrosis

 

Blackstone Real Estate Income Trust, Inc. on Tuesday said in an amended offering it would offer on a continuous basis up to $60 billion in shares of common stock.

In the initial filing on Oct. 8, 2021, the company said it planned on registering $30 billion of securities.

The offering will consist of up to $48 billion in shares in a primary offering and up to $12 billion in shares pursuant to the company's distribution reinvestment plan, Blackstone said.

"We are offering to sell any combination of four classes of shares of our common stock, Class T shares, Class S shares, Class D shares and Class I shares, with a dollar value up to the maximum offering amount," the company said in its filing.

 

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

January 25, 2022 16:06 ET (21:06 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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