blackstone group lp/the (BX) Key Developments
The Blackstone Group L.P. to Offer 30-Year Senior Notes
Apr 22 15
The Blackstone Group L.P. announced its intention to offer, subject to market and other conditions, 30-year senior notes of Blackstone Holdings Finance Co. L.L.C. The notes will be fully and unconditionally guaranteed by The Blackstone Group L.P. and its indirect subsidiaries, Blackstone Holdings I 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.
Blackstone, Brookfield, DEXUS Reportedly Eyeing Stake In Investa
Apr 20 15
The Blackstone Group L.P. (NYSE:BX) along with Dexus Property Group (ASX:DXS) and Brookfield Asset Management Inc. (TSX:BAM.A) are reportedly eyeing a stake in Investa Property Group. A powerful consortium has emerged as one potential buyer of the entire platform. The consortium has lined up separate buyers for different parts of the Investa business. The deadline for first-round offers closes on April 21, 2015.
Blackstone May Sell Eight-Strong Portfolio
Apr 18 15
The Blackstone Group L.P. (NYSE:BX) may sell an eight-strong portfolio from the assets formerly owned by Nick Leslau’s Max Property Group for £70 million. Blackstone’s assets comprise eight 1980s-built business parks of between 25,000 and 100,000 sq ft. Also, Aubrey Weiss has appointed agents to prepare a sale of the mixed-use Dynasty portfolio for around £45 million. CBRE and Knight Frank have been appointed to market the Blackstone portfolio, while Knight Frank and Lewis & Partners are selling the Dynasty portfolio.
Blackstone Reports Earnings Results for the First Quarter of 2015
Apr 16 15
Blackstone reported earnings results for the first quarter of 2015. The company's economic net income doubled from the prior year, while Distributable earnings rose nearly 160%.
The Blackstone Group L.P. Declares Quarterly Dividend
Apr 16 15
The Blackstone Group L.P. declared a quarterly dividend of 89 cents per share.