Blackstone raises €1.5B in Mileway's debut bond, among Europe's largest property debt deals
What's the deal? Blackstone has raised €1.5 billion (about $1.7 billion) in an upsized inaugural bond offering for MilewayDealroom has a profile for this one. Try Dealroom →, its European last-mile logistics platform. The debut issuance was backed by a host of global financial institutions.
Why now? Blackstone upsized the offering as major banks gathered around the deal, a sign of strong investor appetite. The issuance was announced in July 2026.
What's the endgame? The bond marks Mileway's first debt-market outing, giving the platform a new funding channel beyond Blackstone's balance sheet as it scales its logistics portfolio.
The signal: The €1.5 billion round ranks in the 97th percentile among post-IPO debt deals in UK real estate over the past four years, based on 305 comparable rounds. That scale, and the breadth of institutions behind it, underscores continued lender confidence in last-mile logistics.
Read more: Green Street News
Image credit: Mr.TinDC
