BlackRock Prices $2.5B Debt Offering Consisting Of Three Tranches Of Senior Unsecured Notes; Intends To Use Net Proceeds To Fund Portion Of Cash Consideration For Preqin Deal

7/17/24 4:36:50 PM ET

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$800 million aggregate principal amount of 4.600% Notes due 2027

$500 million aggregate principal amount of 4.900% Notes due 2035

$1.20 billion aggregate principal amount of 5.350% Notes due 2055

BlackRock intends to use the net proceeds of the offering to fund a portion of the cash consideration for BlackRock's proposed acquisition of Preqin Holding Limited ("Preqin" and the "Preqin Transaction").

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BlackRock Prices $2.5B Debt Offering Consisting Of Three Tranches Of Senior Unsecured Notes; Intends To Use Net Proceeds To Fund Portion Of Cash Consideration For Preqin Deal

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