The Firm represented Blackstone Mortgage Trust, Inc. (NYSE: BXMT) in connection with its public offering of 10,000,000 shares of class A common stock at a price to the underwriters of $31.24 per share, or $312.4 million in the aggregate. Blackstone Mortgage Trust also granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of class A common stock.
Blackstone Mortgage Trust is a real estate finance company that originates senior loans collateralized by commercial real estate in North America, Europe and Australia. The company is a real estate investment trust, or REIT, headquartered in New York City and is externally managed by BXMT Advisors L.L.C., a subsidiary of Blackstone Inc.
The Simpson Thacher team included Edgar Lewandowski, Evan Zuckerman, Ben Carson and Benjamin Pittenger (Capital Markets); Nancy Mehlman and Edward Grais (Tax); David Rubinsky and Pasco Struhs (Executive Compensation and Employee Benefits); and Amanda Weiss (Public Company Advisory Practice).