debt
confidence high
sentiment neutral
materiality 0.60
BlackRock increases revolving credit facility to $5.9B and extends maturity to 2030
BlackRock, Inc.
- Increases revolving commitments by $500M to $5.9B.
- Maturity extended to March 31, 2030 for most lenders; one non-extending lender matures March 31, 2028.
- Consolidated leverage ratio financial covenant threshold changed.
- Amendment No. 16 executed on April 4, 2025 with Wells Fargo as administrative agent.