Blackstone Digital Infrastructure Trust announced that it has publicly filed a registration statement on Form S-11 with the U.S. Securities and Exchange Commission in connection with a proposed initial public offering of its common stock.
The offering remains subject to market conditions and regulatory approval, and there is no assurance as to whether or when it will be completed. The number of shares to be offered, along with the expected price range and other terms, has not yet been determined.
If completed, the company intends to list its shares on the New York Stock Exchange under the ticker symbol “BXDC.”
Blackstone Digital Infrastructure Trust is a newly formed entity focused on acquiring and owning stabilized, newly constructed data centers, positioning it to benefit from growing demand for digital infrastructure assets.
A syndicate of major financial institutions is serving as underwriters for the proposed offering. Joint lead book-running managers include Goldman Sachs & Co. LLC, Citigroup, Morgan Stanley, Barclays, BofA Securities, Deutsche Bank Securities, J.P. Morgan, RBC Capital Markets, and Wells Fargo Securities. Additional book-running managers include BNP Paribas, SMBC Nikko Securities, Société Générale, BBVA, Crédit Agricole CIB, MUFG, Santander, and TD Securities, with Blackstone Capital Markets acting as co-manager.
The offering will be made only by means of a prospectus once available. The registration statement has been filed but is not yet effective, and securities may not be sold nor offers accepted prior to effectiveness under applicable securities laws.
