Blackstone completes $1.1 billion senior notes offering

Blackstone said it has completed its previously announced offering of senior notes. On November 2, 2026, Blackstone, several of its indirect subsidiaries and Blackstone Reg Finance Co. L.L.C. entered into supplemental indentures with The Bank of New York Mellon Trust Company, N.A., as trustee, covering the 2031 and 2033 notes. The underwriting agreement for the offering was dated October 27, 2026.

Both series of notes accrue interest from November 2, 2026, and pay interest semiannually on May 3 and November 3 of each year, starting May 3, 2027. The 2031 notes mature on November 3, 2031, and the 2033 notes mature on November 3, 2033. The notes are unsecured and unsubordinated obligations of Blackstone Reg Finance Co. L.L.C.

Blackstone and its indirect subsidiaries 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. fully and unconditionally guarantee the notes, jointly and severally.

The 2031 notes may be redeemed before October 3, 2031 at a make-whole price, and on or after that date at par, in each case plus accrued and unpaid interest. The 2033 notes may be redeemed before September 3, 2033 at a make-whole price, and on or after that date at par, plus accrued and unpaid interest. If a change of control repurchase event occurs, the notes are subject to repurchase at 101% of the principal amount repurchased, plus accrued and unpaid interest. Blackstone said it intends to use the proceeds for general corporate purposes.