Blackstone Digital opens at $20, IPO priced at $20 per share

Blackstone Digital Infrastructure Trust (BXDC) priced 87.5M shares at $20.00. Goldman Sachs, Citi, Morgan Stanley, Barclays, BofA, Deutsche Bank, JPMorgan, RBC Capital and Wells Fargo are acting as joint book running managers for the offering. Blackstone Digital Infrastructure Trust is a newly organized company, externally managed by an affiliate of Blackstone (BX), focused on acquiring and owning mission-critical data center assets. BXDC targets newly-constructed, income-generating, stabilized data center properties leased to investment-grade hyperscale tenants on long-term contracts.