BofA Merrill Lynch, Barclays, Citigroup, J.P. Morgan, Morgan Stanley and Wells Fargo Securities Serve as Joint Book-Running Managers for Blackstone Mortgage Trust, Inc.'s Public Offering Of Convertible Senior Notes
March 27, 2018
New York - Paul Hastings LLP, a leading global law firm, announced today that the firm represented BofA Merrill Lynch, Barclays, Citigroup, J.P. Morgan, Morgan Stanley and Wells Fargo Securities as joint book-running managers for Blackstone Mortgage Trust, Inc.’s (NYSE:
Blackstone Mortgage Trust, Inc., a real estate finance company that originates senior loans collateralized by commercial real estate in North America and Europe, sold a total of $220.0 million aggregate principal amount of 4.75% convertible senior notes due 2023. The company also granted the underwriters a 30-day option to purchase up to an additional $33.0 million aggregate principal amount of the notes solely to cover overallotments, if any. Co-managers in the offering included JMP Securities and Keefe, Bruyette & Woods, A Stifel Company. Blackstone Mortgage Trust, Inc. is externally managed by a subsidiary of The Blackstone Group, L.P.
Securities & Capital Markets partner
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