Blackstone Completes €600 Million Offering of 1.5% Senior Notes Due 2029
04.19.19
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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., of €600 million aggregate principal amount of 1.5% Senior Notes due 2029. The notes are guaranteed by The Blackstone Group L.P., Blackstone Holdings I L.P., Blackstone Holdings AI 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, with total assets under management of approximately $472.2 billion as of December 31, 2018.
The Simpson Thacher team for the transaction included Josh Bonnie, Will Golden, Jon Pacheco Patrick McCamy and Claire DiMario (Capital Markets – D.C.); and Jon Cantor and Christopher Murray (Tax).