Blackstone Completes Inaugural Euro-Denominated Senior Notes Offering
05.22.15
This is only gets display when printing
Simpson Thacher recently advised Blackstone on the issuance and sale by Blackstone Holdings Finance Co. L.L.C., an indirect finance subsidiary of The Blackstone Group L.P. (“Blackstone”), of €300 million aggregate principal amount of 2% Senior Notes due 2025. The notes are guaranteed by The Blackstone Group L.P., Blackstone Holdings I L.P., Blackstone Holdings II L.P., Blackstone Holdings III L.P. and Blackstone Holdings IV L.P. The company intends to use the net proceeds for general corporate purposes.
Blackstone is a leading global alternative asset manager and provider of financial advisory services, with total assets under management of $310.5 billion as of March 31, 2015.
The Simpson Thacher team for the transaction included Josh Bonnie, Will Golden, Jon Pacheco and Nick Milonas (Capital Markets); Jon Cantor and Taylor Alexander (Tax); and Sven Frode Frolund (Capital Markets—London).