--- title: "Blackstone Mortgage Trust Completes $450 Million 6.250% Secured Notes Offering Due 2031" type: "News" locale: "en" url: "https://longbridge.com/en/news/286969956.md" description: "Blackstone Mortgage Trust has completed a private offering of $450 million in 6.250% senior secured notes due 2031. The proceeds will be used for general corporate purposes, including debt repayment. The company also established a first-priority pledge and security agreement for the notes and entered a joinder to align lien priorities with first-lien creditors." datetime: "2026-05-19T21:33:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286969956.md) - [en](https://longbridge.com/en/news/286969956.md) - [zh-HK](https://longbridge.com/zh-HK/news/286969956.md) --- # Blackstone Mortgage Trust Completes $450 Million 6.250% Secured Notes Offering Due 2031 Blackstone Mortgage Trust completed a private offering of $450 million of 6.250% senior secured notes due 2031, issuing the securities under a new indenture. Proceeds will be used for general corporate purposes, including repayment of existing secured debt. The company also executed a first-priority pledge and security agreement providing collateral for the notes and entered a joinder to the existing first lien intercreditor agreement to coordinate lien priorities with other first-lien creditors. **Agreement 1: Blackstone Mortgage Trust Completes $450 Million 6.250% Senior Secured Notes Due 2031** - **Agreement type**: Indenture for 6.250% Senior Secured Notes due 2031 ($450 million) - **Counterparty**: The Bank of New York Mellon Trust Company, as trustee and collateral agent - **Signed / Effective**: May 19 2026 / May 19 2026 - **Duration / Termination**: Through Jun 1 2031 - **Reason**: General corporate purposes and debt repayment **Agreement 2: Blackstone Mortgage Trust Executes First-Priority Pledge and Security Agreement Securing 2031 Notes** - **Agreement type**: Pledge and Security Agreement securing senior notes - **Counterparty**: The Bank of New York Mellon Trust Company, as collateral agent - **Signed / Effective**: May 19 2026 / May 19 2026 - **Duration / Termination**: Through Jun 1 2031 or collateral fall-away - **Reason**: Establish first-priority liens for noteholders **Agreement 3: Blackstone Mortgage Trust Enters Joinder to First Lien Intercreditor Agreement for 2031 Notes** - **Agreement type**: Joinder to First Lien Intercreditor Agreement - **Counterparty**: The Bank of New York Mellon Trust Company and JPMorgan Chase Bank - **Signed / Effective**: May 19 2026 / May 19 2026 - **Duration / Termination**: Until secured obligations are discharged - **Reason**: Align lien priorities among first-lien creditors Original SEC Filing: BLACKSTONE MORTGAGE TRUST, INC. \[ BXMT \] - 8-K - May. 19, 2026 **Disclaimer** This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC. ### Related Stocks - [BXMT.US](https://longbridge.com/en/quote/BXMT.US.md) - [BK.US](https://longbridge.com/en/quote/BK.US.md) - [JPM.US](https://longbridge.com/en/quote/JPM.US.md) - [BK-K.US](https://longbridge.com/en/quote/BK-K.US.md) - [JPM-M.US](https://longbridge.com/en/quote/JPM-M.US.md) - [JPM-C.US](https://longbridge.com/en/quote/JPM-C.US.md) - [JPM-D.US](https://longbridge.com/en/quote/JPM-D.US.md) - [JPM-L.US](https://longbridge.com/en/quote/JPM-L.US.md) - [8634.JP](https://longbridge.com/en/quote/8634.JP.md) - [JPM-K.US](https://longbridge.com/en/quote/JPM-K.US.md) - [JPM-J.US](https://longbridge.com/en/quote/JPM-J.US.md) ## Related News & Research - [Blackstone Mortgage Trust Announces Pricing of Offering of Senior Secured Notes](https://longbridge.com/en/news/285279483.md) - [The Private Credit Debate Isn't Going Away. Here's What Investors Should Know.](https://longbridge.com/en/news/287056156.md) - [ONWARD Medical to Announce First Quarter 2026 Results on May 26, 2026 | ONWRY Stock News](https://longbridge.com/en/news/286858298.md) - [Gen Z's AI backlash is getting louder](https://longbridge.com/en/news/286922566.md) - [KBRA Assigns Preliminary Ratings to RKTL 2026-2](https://longbridge.com/en/news/286919341.md)