(Reuters) - In a filing with the U.S. Securities and Exchange
Commission, the private equity firm said it plans to offer
133.3 million common units at $29 and $31 each, for proceeds of
$3.87 billion to $4.13 billion. The IPO may grow to $4.75
billion if another 20 million units are sold to meet demand.
Blackstone announced the terms one day after saying China
would take a $3 billion stake at a 4.5 percent discount to the
IPO price. Beijing would hold its shares for at least four
years.
Read more at Reuters.com Bonds News
Commission, the private equity firm said it plans to offer
133.3 million common units at $29 and $31 each, for proceeds of
$3.87 billion to $4.13 billion. The IPO may grow to $4.75
billion if another 20 million units are sold to meet demand.
Blackstone announced the terms one day after saying China
would take a $3 billion stake at a 4.5 percent discount to the
IPO price. Beijing would hold its shares for at least four
years.
Read more at Reuters.com Bonds News
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