UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 13, 2012
THE BLACKSTONE GROUP L.P.
(Exact name of registrant as specified in its charter)
| Delaware | 001-33551 | 20-8875684 | ||
| (State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) | ||
| 345 Park Avenue New York, New York |
10154 | |||
| (Address of principal executive offices) | (Zip Code) | |||
(212) 583-5000
(Registrant’s telephone number, including area code)
NOT APPLICABLE
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 1.01 Entry into a Material Definitive Agreement.
On July 13, 2012, Blackstone Holdings Finance Co. L.L.C., as borrower, and Blackstone Holdings I L.P., Blackstone Holdings II L.P., Blackstone Holdings III L.P. and Blackstone Holdings IV L.P., as guarantors, entered into an amendment (the “Second Amendment”) to the $1.100 billion revolving credit facility (as amended by the First Amendment dated as of April 8, 2011, the “Credit Facility”) with Citibank, N.A., as Administrative Agent, and the Lenders party thereto. Blackstone Holdings Finance Co. L.L.C., Blackstone Holdings I L.P., Blackstone Holdings II L.P., Blackstone Holdings III L.P. and Blackstone Holdings IV L.P. are indirect subsidiaries of The Blackstone Group L.P. The Second Amendment, among other things, increased the commitments under the Credit Facility by $80,000,000 from $1.020 billion to $1.100 billion, extended the maturity date of the Credit Facility from April 8, 2016 to July 13, 2017 and updated the corporate ratings-based pricing grid used to determine the commitment fee and interest rate margin.
The preceding is a summary of the terms of the Second Amendment and is qualified in its entirety by reference to the Second Amendment, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
| Exhibit |
Description | |
| 10.1 | Second Amendment, dated as of July 13, 2012, to the Credit Agreement, dated as of March 23, 2010, among Blackstone Holdings Finance Co. L.L.C., as Borrower, Blackstone Holdings I L.P., Blackstone Holdings II L.P., Blackstone Holdings III L.P. and Blackstone Holdings IV L.P., as Guarantors, Citibank, N.A., as Administrative Agent and the Lenders party thereto. | |
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.
| The Blackstone Group L.P. | ||||
| By: | Blackstone Group Management L.L.C., its general partner | |||
| Date: July 17, 2012 | By: | /s/ John G. Finley | ||
| Name: John G. Finley | ||||
| Title: Chief Legal Officer | ||||