BPPEH Issues €650 Million of Unsecured Notes due January 2031
Blackstone Property Partners Europe Holdings S.à r.l. (“BPPEH”) announces the successful issuance of €650 million 3.500% fixed-rate notes due January 2031 under its Euro Medium Term Note Programme.
The notes are rated BBB by S&P.
The net proceeds of the issuance will be used for general corporate purposes, including the repayment of existing secured debt.
Nothing in this announcement shall be considered an offer to sell, or a solicitation of an offer to purchase, securities of BPPEH. Securities of BPPEH may not be offered to U.S. persons, or persons located in the U.S., absent an exemption.
About BPPEH
Blackstone Property Partners Europe Holdings S.à r.l. (“BPPEH”) invests in high-quality, substantially stabilised real estate assets across Europe. Investments are concentrated primarily in the logistics, residential and office sectors, with a focus on major European markets and key gateway cities. BPPEH is 100% owned by Blackstone Property Partners Europe.