Blackstone Real Estate Income Trust Offering $60 Billion in Stock in Revised Filing
January 25 2022 - 4:21PM
Dow Jones News
By Stephen Nakrosis
Blackstone Real Estate Income Trust, Inc. on Tuesday said in an
amended offering it would offer on a continuous basis up to $60
billion in shares of common stock.
In the initial filing on Oct. 8, 2021, the company said it
planned on registering $30 billion of securities.
The offering will consist of up to $48 billion in shares in a
primary offering and up to $12 billion in shares pursuant to the
company's distribution reinvestment plan, Blackstone said.
"We are offering to sell any combination of four classes of
shares of our common stock, Class T shares, Class S shares, Class D
shares and Class I shares, with a dollar value up to the maximum
offering amount," the company said in its filing.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
January 25, 2022 16:06 ET (21:06 GMT)
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