• Blackstone Mortgage Trust closed a private offering of USD 450 million of 6.250% Senior Secured Notes due 2031 under an indenture dated May 19, 2026.
• Net proceeds will be used for general corporate purposes, including paying down existing secured debt.
• The notes pay 6.250% interest semiannually starting Dec. 1, 2026, with maturity set for June 1, 2031.
• The company can redeem the notes before March 1, 2031 at par with a make-whole premium, with a par call from March 1, 2031; up to 40% can be redeemed before Dec. 1, 2027 at 106.250% using certain equity-offering proceeds.
• A change of control triggering event requires an offer to repurchase at 101% of principal plus accrued interest; the notes are first-lien secured on substantially all assets pledged to first-lien obligations, subject to a collateral fall-away event that would make them unsecured.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Blackstone Mortgage Trust Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-231141), on May 19, 2026, and is solely responsible for the information contained therein.