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Citigroup, BofA Merrill Lynch, Barclays, Deutsche Bank Securities, J.P. Morgan, Morgan Stanley and Wells Fargo Securities Serve as Joint Book-Running Managers for Blackstone Mortgage Trust, Inc.'s Follow-on Public Offering Of Class A Common Stock

June 25, 2019

New York - Paul Hastings LLP, a leading global law firm, announced today that the firm represented Citigroup, BofA Merrill Lynch, Barclays, Deutsche Bank Securities, J.P. Morgan, Morgan Stanley and Wells Fargo Securities as joint book-running managers for Blackstone Mortgage Trust, Inc.’s (NYSE: BXMT) follow-on public offering of class A common stock. 

Blackstone Mortgage Trust, Inc., a real estate finance company that originates senior loans collateralized by commercial real estate in North America, Europe and Australia, sold a total of 8,625,000 shares of class A common stock (including the full exercise of the underwriters’ option to purchase additional shares) and raised gross proceeds of approximately $307 million.  Blackstone Mortgage Trust, Inc. is externally managed by a subsidiary of The Blackstone Group, L.P.

Securities & Capital Markets partner Yariv Katz led the Paul Hastings team, which also included associates Felicia Yen and Shai Vander. The Paul Hastings team has also represented the underwriters in multiple prior public offerings for Blackstone Mortgage Trust, Inc. 

At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.