** Blackstone Digital Infrastructure Trust BXDC.N, which will acquire newly built data centers, on track for muted New York debut

** Stock recently indicated to open between $19.50-$20.50 apiece vs $20 offer price

** The newly minted Blackstone vehicle sold 87.5 million shares in IPO to raise $1.75 billion

** BXDC plans to target data centers worth $250 ⁠million to $1.5 billion leased to investment-grade hyperscale tenants in markets such ​as Northern Virginia, Ohio, Phoenix, Maryland and Austin

** It has identified and reviewed ​roughly $25 billion in near-term opportunities in established data markets

** Goldman Sachs, Citigroup, Morgan Stanley, Barclays, BofA Securities, Deutsche Bank Securities, J.P. Morgan, RBC Capital Markets and Wells Fargo Securities acted as joint ⁠lead ​book-running managers for IPO