BX

VICI Properties Inc. to Acquire Remaining 49.9% Interest in MGM Grand Las Vegas and Mandalay Bay Joint Venture From Blackstone Real Estate Income Trust, Inc.

Retrieved on: 
Thursday, December 1, 2022

The properties, situated at the south end of the Las Vegas Strip in Las Vegas, Nevada, are subject to an existing triple-net lease agreement between the joint venture and MGM Resorts International (NYSE: MGM).

Key Points: 
  • The properties, situated at the south end of the Las Vegas Strip in Las Vegas, Nevada, are subject to an existing triple-net lease agreement between the joint venture and MGM Resorts International (NYSE: MGM).
  • Edward Pitoniak, Chief Executive Officer of VICI Properties, said, We have been honored to be BREITs partner in the MGM Grand Las Vegas / Mandalay Bay joint venture and this transaction further demonstrates the ability of Blackstone and VICI to work together productively, now and in the future.
  • The MGM Grand Las Vegas / Mandalay Bay triple-net lease has a remaining initial lease term of approximately 27 years (expiring in 2050) with two ten-year tenant renewal options.
  • Blackstone Real Estate Income Trust, Inc. (BREIT) is a perpetual-life, institutional quality real estate investment platform that brings private real estate to income focused investors.

Blackstone to Present at the Goldman Sachs 2022 US Financial Services Conference

Retrieved on: 
Thursday, November 17, 2022

Blackstone (NYSE:BX) announced today that Stephen Schwarzman, Chairman, CEO and Co-Founder, is scheduled to present at the Goldman Sachs 2022 US Financial Services Conference on Wednesday, December 7, 2022 at 12:20pm ET.

Key Points: 
  • Blackstone (NYSE:BX) announced today that Stephen Schwarzman, Chairman, CEO and Co-Founder, is scheduled to present at the Goldman Sachs 2022 US Financial Services Conference on Wednesday, December 7, 2022 at 12:20pm ET.
  • A live webcast of the presentation will be available on the Shareholders section of Blackstones website at http://ir.blackstone.com .
  • For those unable to listen to the live webcast, a replay will be available on Blackstones website shortly after the event.
  • Blackstone is the worlds largest alternative asset manager.

BX Swiss presents the Audience Awards at the Swiss ETF Awards 2023

Retrieved on: 
Friday, November 11, 2022

As part of the Swiss ETF Awards 2023, the Swiss exchange BX Swiss presented the audience awards for the Swiss ETF and ETP Provider of the Year 2023 as well as the ETF and ETP of the Year 2023.

Key Points: 
  • As part of the Swiss ETF Awards 2023, the Swiss exchange BX Swiss presented the audience awards for the Swiss ETF and ETP Provider of the Year 2023 as well as the ETF and ETP of the Year 2023.
  • On Thursday, 10th November 2022, the Swiss ETF Awards 2023 were presented to the winners for the second time.
  • These public awards were presented by the Swiss exchange BX Swiss and presented to the following winners:
    "We are very pleased to present the Audience Awards for the second time as part of the Swiss ETF Awards.
  • For more information of the Swiss ETF Awards 2023 and the award ceremony in Zurich can be found on finanzen.ch: Swiss ETF Awards 2023 .

Baudax Bio Reports Third Quarter 2022 Financial Results and Business Highlights

Retrieved on: 
Tuesday, November 8, 2022

MALVERN, Pa., Nov. 08, 2022 (GLOBE NEWSWIRE) -- Baudax Bio, Inc. (NASDAQ:BXRX) (the “Company”), a pharmaceutical company focused on innovative products for hospital and related settings, today reported financial results for the three and nine months ended September 30, 2022, updated the status of the neuromuscular blocking (NMB) agent development program, provided key metrics around the ongoing commercialization of ANJESO (meloxicam) injection, and provided an overview of other corporate and financial developments.

Key Points: 
  • Baudax Bio expects to complete nonclinical studies and manufacturing data required to support the IND for BX3000 in the first half of 2023.
  • In August 2022, Baudax Bio announced that the United States Patent and Trademark Office (USPTO) had provided a Notice of Allowance for patent application No.
  • As of September 30, 2022, Baudax Bio had cash and cash equivalents of $5.6 million.
  • These forward-looking statements are based on information currently available to Baudax Bio, and Baudax Bio assumes no obligation to update any forward-looking statements except as required by applicable law.

Blackstone Completes Senior Notes Offering

Retrieved on: 
Thursday, November 3, 2022

Blackstone (NYSE: BX) has completed its previously announced offering of $600 million of 5.900% senior notes due 2027 and $900 million of 6.200% senior notes due 2033 of Blackstone Holdings Finance Co.

Key Points: 
  • Blackstone (NYSE: BX) has completed its previously announced offering of $600 million of 5.900% senior notes due 2027 and $900 million of 6.200% senior notes due 2033 of Blackstone Holdings Finance Co.
  • The notes are fully and unconditionally guaranteed by Blackstone Inc. and its indirect subsidiaries Blackstone Holdings I L.P., Blackstone Holdings AI L.P., Blackstone Holdings II L.P., Blackstone Holdings III L.P. and Blackstone Holdings IV L.P. Blackstone intends to use the proceeds from the notes offering for general corporate purposes.
  • The notes were offered and sold to qualified institutional buyers in the United States pursuant to Rule 144A and outside the United States pursuant to Regulation S under the Securities Act of 1933.
  • This press release is being issued pursuant to and in accordance with Rule 135c under the Securities Act of 1933.

Blackstone Prices $1.5 Billion Senior Notes Offering

Retrieved on: 
Monday, October 31, 2022

Blackstone (NYSE: BX) priced its offering of $600 million of 5.900% senior notes due 2027 and $900 million of 6.200% senior notes due 2033 of Blackstone Holdings Finance Co.

Key Points: 
  • Blackstone (NYSE: BX) priced its offering of $600 million of 5.900% senior notes due 2027 and $900 million of 6.200% senior notes due 2033 of Blackstone Holdings Finance Co.
  • The notes are to be fully and unconditionally guaranteed by Blackstone Inc. and its indirect subsidiaries, Blackstone Holdings I L.P., Blackstone Holdings AI L.P., Blackstone Holdings II L.P., Blackstone Holdings III L.P. and Blackstone Holdings IV L.P. Blackstone intends to use the proceeds from the notes offering for general corporate purposes.
  • The notes were offered and sold to qualified institutional buyers in the United States pursuant to Rule 144A and outside the United States pursuant to Regulation S under the Securities Act of 1933.
  • This press release is being issued pursuant to and in accordance with Rule 135c under the Securities Act of 1933.

Blackstone to Offer Senior Notes

Retrieved on: 
Monday, October 31, 2022

Blackstone (NYSE: BX) today announced its intention to offer, subject to market and other conditions, senior notes of Blackstone Holdings Finance Co.

Key Points: 
  • Blackstone (NYSE: BX) today announced its intention to offer, subject to market and other conditions, senior notes of Blackstone Holdings Finance Co.
  • The notes are to be fully and unconditionally guaranteed by Blackstone Inc. and its indirect subsidiaries, Blackstone Holdings I L.P., Blackstone Holdings AI L.P., Blackstone Holdings II L.P., Blackstone Holdings III L.P. and Blackstone Holdings IV L.P. Blackstone intends to use the proceeds from the notes offering for general corporate purposes.
  • This press release shall not constitute an offer to sell or a solicitation of an offer to purchase the notes or any other securities, and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful.
  • This press release is being issued pursuant to and in accordance with Rule 135c under the Securities Act of 1933.

Blackstone and Dominium Partner to Bring New Affordable Housing to Phoenix

Retrieved on: 
Monday, October 24, 2022

Blackstone (NYSE: BX), through its affordable housing portfolio company April Housing (April), and Dominium, a leading affordable housing owner, developer and manager, today announced a partnership to develop the Aviara Flats community that will bring 372 new affordable housing units to Phoenix, Arizona.

Key Points: 
  • Blackstone (NYSE: BX), through its affordable housing portfolio company April Housing (April), and Dominium, a leading affordable housing owner, developer and manager, today announced a partnership to develop the Aviara Flats community that will bring 372 new affordable housing units to Phoenix, Arizona.
  • We are excited to partner with Blackstone and April Housing to deliver on our shared commitment to address the shortage of affordable housing in the U.S., said Mark Moorhouse, Dominium Managing Partner & Executive Vice President.
  • Kathleen McCarthy, Global Co-Head of Blackstone Real Estate, said, Since we launched April Housing, our focus has been on identifying ways to create and preserve affordable housing.
  • We are excited to partner with Dominium to help deliver much-needed affordable housing in Phoenix.

DNAnexus Adds Jeff Margolis to Board of Directors

Retrieved on: 
Friday, October 21, 2022

DNAnexus, Inc., the leader in biomedical informatics and data management, today announced the appointment of Jeff Margolis, a seasoned healthcare information technology executive and current Senior Advisor for Blackstone (NYSE:BX), to its Board of Directors.

Key Points: 
  • DNAnexus, Inc., the leader in biomedical informatics and data management, today announced the appointment of Jeff Margolis, a seasoned healthcare information technology executive and current Senior Advisor for Blackstone (NYSE:BX), to its Board of Directors.
  • Were thrilled to welcome Jeff to our Board of Directors.
  • Mr. Margolis currently serves as Chairman at NextGen Healthcare (NASDAQ:NXGN), Vice Chairman at TriNetX, and as a board member at Alignment Healthcare (NASDAQ: ALHC), Hydrogen Health, and Grin.
  • For more information on DNAnexus, please visit www.dnanexus.com or follow the company @DNAnexus .

Qualtrics Announces CrossXM, Helping Companies Measurably Improve Business Results With Better Employee, Customer and Brand Experiences

Retrieved on: 
Wednesday, October 19, 2022

Organizations today understand that employee and customer experiences have become just as important as the products and services they deliver.

Key Points: 
  • Organizations today understand that employee and customer experiences have become just as important as the products and services they deliver.
  • However, with shifting business priorities and decreasing budgets, allocating resources across their employee, customer and brand experiences can become a guessing game of competing priorities.
  • Customer experience leaders can better leverage their most critical resourcetheir employeesto understand how their experiences on the frontline can bring customers experiences to the next level.
  • Finally, marketing leaders can identify key customer interactions that can boost brand equity, gain a competitive advantage and drive customer lifetime value.