Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
BlackRock Finance, Inc. amended revolving credit of $5,000,000,000 with Wells Fargo Bank, National Association at 10 bps (0.10%) per annum for all SOFR-based loans maturing March 31, 2028.
- Instrument
- revolving credit
- Principal
- $5,000,000,000
- Counterparty
- Wells Fargo Bank, National Association
- Rate
- 10 bps (0.10%) per annum for all SOFR-based loans
- Maturity
- March 31, 2028
- Event
- amendment
Exact text from the filing
institutions referred to therein. Among other things, Amendment No. 13 (i) increases the commitments under the revolving facility by $300,000,000 to an aggregate commitment of $5,000,000,000, (ii) extends the maturity date (the “Maturity Date”) of the revolving facility to March 31, 2028 without utilizing BlackRock’s option to request extensions of the Maturity Date
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
BlackRock Finance, Inc. amended Amendment No. 13 with Wells Fargo Bank, National Association, as administrative agent, a swingline lender, an issuing lender, L/C agent and a lender, and the banks and other financial institutions referred to therein valued at $5,000,000,000 (effective 2023-03-31).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- Wells Fargo Bank, National Association, as administrative agent, a swingline lender, an issuing lender, L/C agent and a lender, and the banks and other financial institutions referred to therein
- Value
- $5,000,000,000
- Effective
- 2023-03-31
Exact text from the filing
On March 31, 2023, BlackRock, Inc. (“BlackRock”) and certain of its subsidiaries entered into Amendment No. 13 (“Amendment No. 13”) to its Five-Year Revolving Credit Agreement, dated as of March 10, 2011
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