On October 16, 2025, Blackstone entered into an amended and restated $4.325 billion revolving credit facility (the New Credit Facility) with Citibank, N.A., as administrative agent, with Blackstone Holdings Finance Co. L.L.C. as borrower.

1. 01

   On October 16, 2025, Blackstone entered into an amended and restated $4.325 billion revolving credit facility (the New Credit Facility) with Citibank, N.A., as administrative agent, with Blackstone Holdings Finance Co. L.L.C. as borrower.

2. 02

   The company said the New Credit Facility extends the maturity date of the revolving credit facility from December 15, 2028 to October 16, 2030. It amends and restates the existing facility entered into on March 23, 2010 and most recently amended and restated on December 15, 2023.

3. 03

   Blackstone said the New Credit Facility increases the aggregate required minimum amount of fee generating assets under management from $294.0 billion to $355.0 billion.

4. 04

   The company said the New Credit Facility's financial covenants consist of a maximum net leverage ratio and a requirement to keep a minimum amount of fee generating assets under management, each tested quarterly. The facility is unsecured.

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.