trending Market Intelligence /marketintelligence/en/news-insights/trending/Vv_XTfiFVPVce_wSkdBkRQ2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

BlackRock offering senior unsecured notes due 2030

Banking Essentials Newsletter December Edition Part 2

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

BlackRock offering senior unsecured notes due 2030

BlackRock Inc. is offering $1 billion of its 2.400% senior unsecured notes due April 30, 2030.

Interest on the notes will be paid semiannually on April 30 and Oct. 30 of each year, starting April 30.

The offering is expected to generate net proceeds of about $994.7 million, which the company intends to use for general corporate purposes.

The trade date for the notes was Jan. 16, and the settlement date is Jan. 27.

J.P. Morgan Securities LLC, BofA Securities Inc., Wells Fargo Securities LLC, Deutsche Bank Securities Inc. and Goldman Sachs & Co. LLC are the joint book-running managers for the offering.

Barclays Capital Inc., BNP Paribas Securities Corp., Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, HSBC Securities (USA) Inc., ICBC Standard Bank PLC, Mizuho Securities USA LLC, Morgan Stanley & Co. LLC, RBC Capital Markets LLC, Cabrera Capital Markets LLC, CastleOak Securities LP, Loop Capital Markets LLC, Mischler Financial Group Inc., R. Seelaus & Co. LLC and Siebert Williams Shank & Co. LLC are co-managers.