debt
confidence high
sentiment neutral
materiality 0.50
BlackRock issues €1B 3.750% Notes due 2035 to refinance 2025 debt
BlackRock, Inc.
- Completed underwritten public offering of €1,000,000,000 aggregate principal of 3.750% Notes due 2035.
- Net proceeds for general corporate purposes, including repayment of BlackRock's outstanding 1.25% Notes due 2025.
- Notes are unsecured, unsubordinated obligations guaranteed by BlackRock Finance, Inc.
- BlackRock may redeem notes at make-whole price before Apr 18, 2035, or at par thereafter.