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: BXMT) public offering of convertible senior notes.

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 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.
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