UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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Item 8.01 | Other Events. |
On September 14, 2021, Blackstone Mortgage Trust, Inc. (the “Company”) completed an underwritten public offering of 10,000,000 shares (the “Shares”) of its class A common stock, par value $0.01 per share, at a price to the underwriters of $31.24 per share pursuant to an underwriting agreement, dated September 9, 2021 (the “Underwriting Agreement”), among the Company, BXMT Advisors L.L.C. and Morgan Stanley & Co. LLC, BofA Securities, Inc., Barclays Capital Inc., Citigroup Global Markets Inc., J.P. Morgan Securities LLC and Wells Fargo Securities, LLC. In connection with the offering, the Company also granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of its class A common stock. The Underwriting Agreement is filed herewith as Exhibit 1.1.
Aggregate net proceeds to the Company, after deducting estimated offering expenses, were approximately $312.1 million. The Shares were sold pursuant to the Company’s effective shelf registration statement on Form S-3ASR (File No. 333-232852) filed on July 26, 2019 and the related prospectus dated July 26, 2019, as supplemented by a prospectus supplement dated September 9, 2021.
Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits
1.1 | Underwriting Agreement, dated September 9, 2021, among the Company, BXMT Advisors L.L.C. and Morgan Stanley & Co. LLC, BofA Securities, Inc., Barclays Capital Inc., Citigroup Global Markets Inc., J.P. Morgan Securities LLC and Wells Fargo Securities, LLC. | |
5.1 | Opinion of Venable LLP. | |
23.1 | Consent of Venable LLP (included in Exhibit 5.1). | |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
BLACKSTONE MORTGAGE TRUST, INC. | ||||||
Date: September 14, 2021 | ||||||
By: | /s/ Leon Volchyok | |||||
Name: | Leon Volchyok | |||||
Title: | Chief Legal Officer and Secretary |