Brief: Shield To Acquire Echodyne In Transaction Valued at $5.3 Bln; Raises 2.5 Bln At $28.8 Bln Valuation

JPMorgan Chase & Co.

05/11/2026 17:48

Nov 5 (Reuters) - Blackstone Inc. BX.N:
SHIELD TO ACQUIRE ECHODYNE IN A TRANSACTION VALUED AT $5.3 BILLION AND RAISE $2.5 BILLION AT A $28.8 BILLION VALUATION
SHIELD: RAISING $2.5 BILLION TO SUPPORT TRANSACTION, INCLUDING $1 BILLION IN SERIES H FUNDING
SHIELD: $2.5 BILLION RAISE INCLUDES A $1 BILLION STRUCTURED EQUITY INVESTMENT FROM FUNDS MANAGED BY BLACKSTONE
SHIELD: $2.5 BILLION RAISE INCLUDES $500 MILLION IN DEBT FINANCING LED BY JPMORGAN CHASE BANK, N.A. AS SOLE ARRANGER
SHIELD : SERIES H FUNDING CO-LED BY DISRUPTIVE AND INNOVATION X CAPITAL
SHIELD: OF $5.3 BILLION TRANSACTION VALUE, UP TO AN ADDITIONAL $500 MILLION IS CONTINGENT ON ECHODYNE MEETING AGREED PERFORMANCE TARGETS
Source text: ID:nPnb1qqhra
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