---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-088446"
form_type: "8-K"
ticker: null
cik: "0001364742"
company_name: "BlackRock Finance, Inc."
filed_at: "2023-04-03T23:59:59+00:00"
generated_at: "2026-06-17T06:51:02.009568+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# BlackRock ups revolving credit facility to $5B, extends maturity to 2028

## Summary
- Increases commitments by $300M to $5B total revolving credit facility.
- Extends maturity date to March 31, 2028.
- Changes SOFR adjustment to 10 bps per annum for SOFR-based loans.
- Terms of existing credit agreement otherwise unchanged.

## SEC filing metadata
- accession: 0001193125-23-088446
- form_type: 8-K
- cik: 0001364742
- company_name: BlackRock Finance, Inc.
- filed_at: 2023-04-03T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1364742/000119312523088446/0001193125-23-088446-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1364742/000119312523088446/d463949d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-088446
- JSON: https://secwatch.observer/filing/0001193125-23-088446.json
- Plain text: https://secwatch.observer/filing/0001193125-23-088446.txt

## Key facts
- Debt Financings
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1364742/000119312523088446/0001193125-23-088446-index.htm
- Material Agreements
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1364742/000119312523088446/0001193125-23-088446-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.