BX - The Blackstone Group L.P.
| Previous Close | 37.50 |
| Open | 37.73 |
| Bid | 30.03 x 2200 |
| Ask | 0.00 x 800 |
| Day's Range | 37.66 - 38.30 |
| 52 Week Range | 29.57 - 38.30 |
| Volume | 3,624,084 |
| Avg. Volume | 3,505,653 |
| Market Cap | 45.19B |
| Beta | 1.60 |
| PE Ratio (TTM) | 14.20 |
| EPS (TTM) | 2.66 |
| Earnings Date | Oct 17, 2018 - Oct 22, 2018 |
| Forward Dividend & Yield | 2.32 (6.46%) |
| Ex-Dividend Date | 2018-07-27 |
| 1y Target Est | 41.18 |
- Bloomberg Video•7 days ago
Blackstone Said to Seek $18 Billion for Biggest Real Estate Fund
Sep.14 -- Blackstone Group LP expects to raise $18 billion for its biggest real estate fund ever according to people with knowledge of the plans. Bloomberg's Peggy Collins reports on "Bloomberg Markets: European Close."
- Business Wire•14 hours ago
Blackstone Real Estate Income Trust Completes Previously Announced Acquisition of $1.2 Billion EDR Student Housing Portfolio in a Joint Venture with Greystar
Blackstone Real Estate Income Trust, Inc. today completed the previously announced acquisition of the EdR Student Housing Portfolio for $1.2 billion in a 95%/5% joint venture with Greystar Real Estate Partners .
- Reuters•16 hours ago
Envision’s $5.05 billion loan marks jumbo buyout trio
The $5.05 billion (3.81 billion pounds) term loan for Envision Healthcare is the third massive leveraged loan to hit the market since September and also looks set to benefit from huge institutional demand which has already seen multibillion buyout loans for Thomson Reuters’ F&R business, Refinitiv, and Akzo Nobel’s Specialty Chemicals business successfully placed. Envision’s loan will bring the total of jumbo loans syndicated since early September to US$20.7bn, in addition to the US$9.25bn loan for Refinitiv and Akzo Nobel’s US$6.44bn loan. Although the commitment deadline for Envision’s loan is October 1, the deal is already fully subscribed and is expected to tighten in line with the two previous jumbo deals, bankers said.
- Bloomberg•19 hours ago
Blackstone Is Buying Warehouses From Harvard's Endowment
Blackstone Group LP agreed to buy a portfolio of warehouses from Harvard University’s endowment for about $950 million, according to people familiar with the matter. Many of the properties are known as last-mile warehouses, which serve as the last step before delivery for e-commerce companies. The properties were acquired by Harvard Management Co., the Boston-based arm of the university overseeing the endowment, through a partnership with Atlanta-based real-estate investment company MDH Partners LLC. The deal was reported yesterday by Real Estate Alert.
- American City Business Journals•2 days ago
San Antonio's most expensive real estate transaction of the year closes
While a price was not disclosed, $405 million was borrowed from to finance the transaction, property records show.
- Barrons.com•2 days ago
What the Biggest Leveraged Buyout of 2018 Says About the Credit Boom
The $17 billion buyout of Thomson Reuters’ financial data business by a Blackstone-led group of investors is the biggest leveraged buyout this year and among the biggest since the financial crisis.
- Reuters•2 days ago
Blackstone sole bidder to offer all-cash deal for PNB Housing Finance: ET
Blackstone is the largest owner of office buildings in India and sees the potential deal as an opportunity to expand into retail space and create synergies in the housing finance sector, the report said, citing two sources with direct knowledge of the development. The report did not mention the value of the offer made by Blackstone. After winning the bid, Blackstone is expected to make a consortium, the report said, adding that non-binding bids were submitted by Aug. 25.
- Reuters•2 days ago
Blackstone sole bidder to offer all-cash deal for PNB Housing Finance - ET
U.S. private equity firm Blackstone Group LP is the sole bidder to offer an all-cash deal to buy India-based housing finance company PNB Housing Finance Ltd , the Economic Times reported on Wednesday. Blackstone is the largest owner of office buildings in India and sees the potential deal as an opportunity to expand into retail space and create synergies in the housing finance sector, the report http://bit.ly/2OBx2Vl said, citing two sources with direct knowledge of the development. The report did not mention the value of the offer made by Blackstone.
- Reuters•2 days ago
China's Hillhouse raises $10.6 bln in Asia's biggest private equity fund
Hillhouse Capital, an investor in top Chinese technology firms including Tencent and Baidu, has closed its latest funding round at $10.6 billion, it said, making it the region's biggest private equity capital raising. The new fund, Hillhouse Fund IV, will look for investment opportunities across the healthcare, consumer, technology and services sectors globally, with a focus on Asia, the company said in a statement on Wednesday. Hillhouse's $10.6 billion fundraising exceeded the $9.3 billion raised by private equity firm KKR & Co's Asia-focused buyout fund in June 2017, which was a record for the region at that time.
- The Wall Street Journal•2 days ago
[$$] Giant Debt Offer Shows Appetite for Low-Rated Companies
One of the largest-ever sales of speculative-grade debt was completed with ease on Tuesday, a sign of the favorable environment for U.S. borrowers at a time of robust economic growth and strong demand from investors. The $13.5 billion sale—which a Blackstone Group LP-led investor group is using to acquire a 55% stake in a Thomson Reuters Corp. data business called Refinitiv—comprised $9.25 billion of loans and $4.25 billion of secured and unsecured bonds, with different pieces denominated in U.S. dollars and euros. Including a $750 million revolving credit line, the bond-and-loan deal amounted to the ninth-largest leveraged financing on record in the U.S. and Europe, and was the fourth-largest since the financial crisis, according to LCD, a unit of S&P Global Market Intelligence.
- Zacks•2 days ago
5 Reasons Why You Should Buy Blackstone (BX) Stock Right Now
Strong fundamentals and continuous increase in assets under management will support Blackstone's (BX) profitability.
- Reuters•3 days ago
Refinitiv loans break for trading
The US$9.25bn in term loans backing private equity firm Blackstone Group’s purchase of a 55% stake in Refinitiv, Thomson Reuters’ Financial and Risk (F&R) division, allocated and broke for trading on Tuesday. The unit will be renamed Refinitiv.
- Zacks•3 days ago
Has The Blackstone Group L.P. (BX) Outpaced Other Finance Stocks This Year?
Is (BX) Outperforming Other Finance Stocks This Year?
- Reuters•3 days ago
Refinitiv loan increased, pricing and documents tweaked
The term loan financing backing private equity firm Blackstone’s purchase of a 55% stake in Refinitiv, Thomson Reuters’ (TRI.TO) Financial and Risk (F&R) division has been increased to US$9.25bn from US$8bn and the high-yield bonds have been reduced. The unit will be renamed Refinitiv.
- Reuters•3 days ago
Refinitiv loan increased, pricing and documents tweaked
The term loan financing backing private equity firm Blackstone’s purchase of a 55% stake in Refinitiv, Thomson Reuters’ Financial and Risk (F&R) division has been increased to US$9.25bn from US$8bn and the high-yield bonds have been reduced. The unit will be renamed Refinitiv.
- Moody's•4 days ago
Financial & Risk US Holdings, Inc. -- Moody's says announced change to Financial & Risk US Holdings, Inc.'s new debt financing has no ratings impact
Moody's Investors Service ("Moody's") says Financial & Risk US Holdings, Inc.'s (the "company" or "Refinitiv", to be renamed "Refinitiv US Holdings Inc." upon transaction closing) announced reallocation of its recent $14.25 billion debt raise (including the revolver), which results in more secured debt in the capital structure, has no impact on the ratings of the senior secured term loan B (B2 LGD3), senior secured notes (B2 LGD3), senior unsecured notes (Caa2 LGD6) or the Corporate Family Rating (B3 stable). For further information, please visit www.moodys.com.
- Reuters•4 days ago
Refinitiv loan increased, pricing and documents tweaked
The term loan financing backing private equity firm Blackstone’s purchase of a 55% stake in Refinitiv, Thomson Reuters’ (TRI.TO) Financial and Risk (F&R) division has been increased to US$9.25bn (7.03 billion pounds) from US$8bn and the high-yield bonds have been reduced. The unit will be renamed Refinitiv.
- Reuters•4 days ago
Refinitiv loan increased, pricing and documents tweaked
The term loan financing backing private equity firm Blackstone’s purchase of a 55% stake in Refinitiv, Thomson Reuters’ Financial and Risk (F&R) division has been increased to US$9.25bn from US$8bn and the high-yield bonds have been reduced. The unit will be renamed Refinitiv.
- CNBC•4 days ago
CNBC Transcript: Tony James, Executive Vice Chairman, The Blackstone Group
Below is the transcript of a CNBC Exclusive interview with Tony James, Executive Vice Chairman, The Blackstone Group. The interview was first broadcast on CNBC's Squawk Box Asia on 17 September 2018.
- CNBC•4 days ago
Blackstone billionaire: I don't see an economic downturn anywhere on the horizon
"The last crisis was a terrible crisis, but it was both a financial crisis and an economic downturn. Right now, I don't see any economic downturn on the horizon, so it will be a little while before I think you have that confluence of factors," said Tony James, executive vice chairman at the Blackstone Group.
- PR Newswire•7 days ago
Blackstone Mortgage Trust Declares $0.62 Per Share Dividend
Blackstone (BX) is one of the world's leading investment firms. Blackstone seeks to create positive economic impact and long-term value for its investors, the companies it invests in, and the communities in which it works. Blackstone does this by using extraordinary people and flexible capital to help companies solve problems.
- Bloomberg•7 days ago
Blackstone Said to Seek $18 Billion for Biggest Real Estate Fund
Blackstone Group LP expects to raise $18 billion for its biggest real estate fund ever according to people with knowledge of the plans. Bloomberg's Peggy Collins reports on "Bloomberg Markets: European ...
- Bloomberg•7 days ago
Blackstone Seeks $18 Billion for Biggest Real Estate Fund
Blackstone Group LP expects to raise $18 billion for its biggest real estate fund ever. The firm, already the private equity industry’s largest real estate investor, will have a strategy similar to its last fund, investing in distressed properties globally, according to people with knowledge of the plans. Blackstone is seeking capital at an opportune time.
- American City Business Journals•7 days ago
Arden-Arcade hotel sold with possible changes coming
A Residence Inn by Marriott in Arden-Arcade has a new owner, and the possibility of changes in the long run.
- Reuters•7 days ago
China to ask Wall Street for ideas on improving U.S ties
China will ask Wall Street firms for ways to improve ties with the United States and suggestions to open up its financial sector at a day-long meeting in Beijing on Sunday, people familiar with the matter said. The Chinese government sent invitations for the hastily-convened meeting a few weeks ago as trade tensions between the world's two largest economies appeared to be headed for a full-blown trade war. Top financial firms in both countries are sending representatives to the meeting, although heavyweight invitees such as Blackstone's Stephen Schwarzman were unable to rearrange their schedules to attend the meeting, a source said.
