BXMT News & Events

Blackstone Mortgage Trust has commenced a private offering of $450M in aggregate principal amount of its senior secured notes due 2031. The Company intends to use the net proceeds of the Notes offering for general corporate purposes, including paying down existing secured indebtedness.

Reports Q1 revenue $159.415M, consensus $88.42M. Tim Johnson, Chief Executive Officer said, "BXMT's first quarter results clearly demonstrate the breadth of our platform as we captured differentiated investments across diversified strategies and markets and completed over $2 billion in corporate and securitized debt financings. These initiatives on both sides of the balance sheet are driving strong earnings power and long-term shareholder value."