Morgan Stanley, BofA Securities, Barclays, Citigroup, J.P. Morgan and Wells Fargo Securities Serve as Joint Book-Running Managers for Blackstone Mortgage Trust, Inc.’s Follow-on Public Offering of Class A Common Stock

New York – Paul Hastings LLP, a leading global law firm, announced today that the firm represented Morgan Stanley, BofA Securities, Barclays, Citigroup, J.P. Morgan and Wells Fargo Securities as joint book-running managers for Blackstone Mortgage Trust, Inc.’s (NYSE: BXMT) follow-on public offering of class A common stock.

Blackstone Mortgage Trust, Inc., a real estate finance company that originates senior loans collateralized by commercial real estate in North America, Europe and Australia, sold a total of 10,000,000 shares of class A common stock and raised gross proceeds of approximately $312 million.  The company also granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares.  Blackstone Mortgage Trust, Inc. is externally managed by a subsidiary of Blackstone Inc.

Securities & Capital Markets partner Yariv Katz led the Paul Hastings team, which also included associates Flavio Averbug, Nicolette Ursini and Matthew Schob. The Paul Hastings team has also represented the underwriters in multiple prior public offerings for Blackstone Mortgage Trust, Inc.

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