BlackRock said it completed on April 3, 2025 an underwritten public offering of €1,000,000,000 aggregate principal amount of 3.750% Notes due 2035. The Notes are unsecured and unsubordinated debt obligations.

1. 01

   BlackRock said it completed on April 3, 2025 an underwritten public offering of €1,000,000,000 aggregate principal amount of 3.750% Notes due 2035. The Notes are unsecured and unsubordinated debt obligations.

2. 02

   The company said its wholly owned subsidiary, BlackRock Finance, Inc., fully and unconditionally guarantees the Notes on a senior unsecured basis. The Notes were issued under the April 3, 2025 indenture with The Bank of New York Mellon as trustee.

3. 03

   BlackRock said it intends to use the net proceeds of the offering for general corporate purposes, which may include repaying all or part of its outstanding 1.25% Notes due 2025.

4. 04

   BlackRock said it may redeem the Notes before the Par Call Date, which is April 18, 2035 (3 months before maturity), at a make-whole redemption price. After the Par Call Date, it may redeem the Notes at 100% of principal plus accrued and unpaid interest.

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Original filing

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