Blackstone Inc. filed a Form 8-K on October 27, 2026, disclosing that its indirect subsidiary Blackstone Reg Finance Co. L.L.C. priced an underwritten public offering of two tranches of senior notes totaling $1.1 billion in aggregate principal amount.

Key Highlights

  • First tranche: $600,000,000 aggregate principal amount of 5.650% Senior Notes due 2031.
  • Second tranche: $500,000,000 aggregate principal amount of 5.900% Senior Notes due 2033.
  • Guarantors: The notes are to be fully and unconditionally guaranteed by Blackstone Inc. and its indirect subsidiaries Blackstone Holdings I L.P., Blackstone Holdings AI L.P., Blackstone Holdings II L.P., Blackstone Holdings III L.P., and Blackstone Holdings IV L.P.
  • Use of proceeds: According to the filing, Blackstone intends to use the net proceeds for general corporate purposes.
  • Shelf registration: The notes were offered pursuant to an automatically effective shelf registration statement filed with the SEC on December 2, 2024, as amended on February 27, 2026.
  • Issuer: Blackstone Reg Finance Co. L.L.C., described in the filing as an indirect subsidiary of Blackstone Inc., is the issuing entity.

Blackstone's October 2026 Senior Notes Pricing: Structure and Terms

According to the filing, Blackstone Reg Finance Co. L.L.C., an indirect subsidiary of Blackstone Inc. (NYSE:BX), priced the offering on October 27, 2026. The two-tranche structure consists of $600,000,000 of 5.650% Senior Notes maturing in 2031 and $500,000,000 of 5.900% Senior Notes maturing in 2033, bringing the combined principal amount to $1.1 billion. The filing states that both tranches are offered in an underwritten public offering.

The filing discloses that the notes are to be "fully and unconditionally guaranteed" by Blackstone Inc. and five of its indirect subsidiaries: Blackstone Holdings I L.P., Blackstone Holdings AI L.P., Blackstone Holdings II L.P., Blackstone Holdings III L.P., and Blackstone Holdings IV L.P. This guarantee structure encompasses the parent company alongside multiple holding partnerships.

Blackstone disclosed that the offering was made pursuant to an automatically effective shelf registration statement originally filed with the Securities and Exchange Commission on December 2, 2024, and subsequently amended on February 27, 2026. The company disclosed that net proceeds are intended for general corporate purposes. A press release dated October 27, 2026 was attached to the filing as Exhibit 99.1 and incorporated by reference.

What Was Disclosed

Blackstone Inc. disclosed the pricing of a $1.1 billion senior notes offering through its indirect subsidiary, split into a $600 million tranche at 5.650% due 2031 and a $500 million tranche at 5.900% due 2033, with proceeds earmarked for general corporate purposes.