Blackstone Successfully Exits Brixmor with $1.2 Billion Secondary Offering of Brixmor Common Stock
08.18.16
This is only gets display when printing
The Firm represented certain entities affiliated with The Blackstone Group L.P. in connection with a $1.2 billion secondary offering, consisting of 42,400,000 shares of common stock of Brixmor Property Group Inc. at a price of $27.30 per share. Brixmor is a real estate investment trust listed on the New York Stock Exchange under the symbol “BRX.”
In 2013, the Firm advised Brixmor, then a Blackstone portfolio company, on its $948.8 million initial public offering. Since the IPO, the Firm has advised on secondary offerings aggregating more than $6 billion.
The Simpson Thacher team for the transaction included Josh Bonnie, Jonathan Pacheco and Daniel Honeycutt (Capital Markets).