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Blackstone Mortgage Trust Inc announces pricing of public offering of class A common stock

Thursday, 9 Jan 2014 08:00am EST 

Blackstone Mortgage Trust Inc:Says the pricing of an underwritten public offering of 8,500,000 shares of its class A common stock.Says the underwriters have been granted a 30-day option by the Company to purchase up to an additional 1,275,000 shares.Says the offering is expected to close on Jan. 14 and is subject to customary closing conditions.Says the total estimated gross proceeds of the offering are $227.4 mln, or $261.5 mln if the underwriters exercise their option to purchase additional shares in full.Says BofA Merrill Lynch, Citigroup, J.P. Morgan and Wells Fargo Securities are acting as joint book-running managers for the offering. 

Company Quote

-0.13 -0.47%
29 Sep 2014