Blackstone files for data center trust IPO on NYSE
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Dividend Yield: 3.6%
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Blackstone Digital Infrastructure Trust Inc. filed a registration statement with the Securities and Exchange Commission for an initial public offering of common stock. The company focuses on acquiring and owning stabilized, newly-constructed data centers.
The filing does not specify the number of shares to be offered or the price range. The offering remains subject to market conditions and SEC approval, with no assurance regarding timing or completion.
If completed, the company plans to list on the New York Stock Exchange under the ticker symbol "BXDC."
Goldman Sachs, Citigroup, and Morgan Stanley serve as joint lead book-running managers for the proposed offering. Additional joint book-running managers include Barclays, BofA Securities, Deutsche Bank Securities, J.P. Morgan, RBC Capital Markets, and Wells Fargo Securities.
BNP PARIBAS, SMBC Nikko, Societe Generale, BBVA, Credit Agricole CIB, MUFG, Santander, and TD Securities act as joint book-running managers, while Blackstone Capital Markets serves as co-manager.
The registration statement has not yet become effective, and no securities may be sold until that occurs. The information is based on the company's press release statement.
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