Monday, May 21, 2007

Blackstone sets IPO, could raise $3.87-$4.13 bln

(Reuters) - In a filing with the U.S. Securities and Exchange Commission, Blackstone said it planned to offer 133,333,334 common units at $29 and $31 each, generating proceeds of $3.87 billion to $4.13 billion.




Blackstone said an additional 20 million units might be offered at the underwriter's option, bringing the possible maximum size of the IPO to $4.75 billion.


Read more at Reuters.com Government Filings News

No comments: