NYSE:BXMTMortgage REITs
Does UBS’s Coverage Restart and New Debt Deal Change The Bull Case For Blackstone Mortgage Trust (BXMT)?
In recent days, UBS resumed coverage on Blackstone Mortgage Trust Inc., assigning a Buy rating and highlighting its 15-year dividend record, while the company completed a US$450 million private offering of senior secured notes due 2031 to refinance existing secured debt and support general corporate purposes.
Together, the renewed analyst attention and fresh long-term funding underline how Blackstone Mortgage Trust is emphasizing balance sheet flexibility while continuing to position itself...