Blackstone Mortgage Trust’s Follow-on Public Offering

Paul Hastings advised Citigroup, BofA Securities, Barclays, Deutsche Bank Securities, J.P. Morgan and Wells Fargo Securities on the deal.

Citigroup, BofA Securities, Barclays, Deutsche Bank Securities, J.P. Morgan and Wells Fargo Securities acted as joint book-running managers for Blackstone Mortgage Trust, Inc.’s (NYSE: BXMT) follow-on public offering of class A common stock.

Blackstone Mortgage Trust, Inc., a real estate finance company that originates senior loans collateralized by commercial real estate in North America, Europe and Australia, sold a total of 10,000,000 shares of class A common stock and raised gross proceeds of approximately $315 million. The company also granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares. Blackstone Mortgage Trust, Inc. is externally managed by a subsidiary of Blackstone Inc.

Securities & Capital Markets partner Yariv Katz (Picture) led the Paul Hastings team, which also included associates Nicolette Ursini and Matthew Schob. 

Involved fees earner: Yariv Katz – Paul Hastings LLP; Nicolette Ursini – Paul Hastings LLP;

Law Firms: Paul Hastings LLP;

Clients: Bank of America Securities; Barclays Bank; Citigroup Inc.; Deutsche Bank AG; J.P. Morgan Securities LLC; Wells Fargo Securities;

Martina Bellini

Author: Martina Bellini