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Blackstone Prices $750 Million Senior Notes Offering

1. Blackstone priced $750 million senior notes due 2034. 2. Notes will be guaranteed by Blackstone Inc. and its subsidiaries. 3. Proceeds will be used for general corporate purposes. 4. The offering complies with SEC registration requirements.

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FAQ

Why Bullish?

This capital raise indicates financial stability and growth potential, analogous to past offerings that led to stock price increases.

How important is it?

The note issuance suggests active capital management, likely influencing investor confidence in BX.

Why Short Term?

The immediate impact on liquidity and potential investments may influence BX within the next quarter.

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Blackstone Prices $750 Million Senior Notes Offering

NEW YORK--( )--Blackstone (NYSE: BX) priced its offering of $750 million of 5.000% senior notes due 2034 of Blackstone Reg Finance Co. L.L.C., its indirect subsidiary. The notes are to be fully and unconditionally guaranteed by Blackstone Inc. 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. Blackstone intends to use the proceeds from the notes offering for general corporate purposes.

The notes were offered pursuant to an effective shelf registration statement on file with the U.S. Securities and Exchange Commission (the “SEC”) and only by means of a prospectus and related prospectus supplement. An electronic copy of the prospectus supplement, together with the accompanying prospectus, is available on the SEC’s website at www.sec.gov. Alternatively, copies of the prospectus supplement and accompanying prospectus may be obtained from: BofA Securities, Inc., telephone: 1-800-294-1322; Citigroup Global Markets Inc., telephone: 1-800-831-9146; Morgan Stanley & Co. LLC, telephone: 1-866-718-1649; RBC Capital Markets, LLC, telephone: 1-866-375-6829; or SMBC Nikko Securities America, Inc., telephone: 1-212-224-5135.

This press release shall not constitute an offer to sell or a solicitation of an offer to purchase the notes or any other securities, and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful.

Contacts

Investor and Media Relations

For Investors
Weston Tucker
Blackstone
Tel: +1 (212) 583-5231
tucker@blackstone.com

For Media
Matthew Anderson
Blackstone
Tel: +1 (212) 390-2472
Matthew.Anderson@blackstone.com

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