KBRA Assigns Rating to BlackRock Private Credit Fund's $125 Million Senior Unsecured Notes
BlackRock, Inc. (BLK)
Last blackrock, inc. earnings: 4/16 06:02 am
Check Earnings Report
US:NYSE Investor Relations:
ir.blackrock.com
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)--KBRA assigns a rating of BBB- to BlackRock Private Credit Fund's (“BDEBT” or “the company”) $125 million senior unsecured notes due in 2027 and 2030. The notes comprise a $70 million, 7.14% tranche and a $55 million, 7.33% tranche with maturities of November 18, 2027, and January 22, 2030, respectively. The rating Outlook is Stable. The proceeds will be used for general corporate purposes.Key Credit ConsiderationsThe rating and Stable Outlook are supported by BDEBT’s ties to BlackRock, Inc.’s (NYSE: BLK) $10.5 trillion assets under management (as of 2Q24), making BLK one of the largest investment platforms in the world. BlackRock's private debt platform of $65 billion, of which $34 billion is principally dedicated to private middle market direct lending, also supports the rating. The BlackRock platform consists of a large and diverse team of 170+ private debt investment professionals, including a U.S. direct lending investment team of 45+ people. BDEBT r
Show less
Read more
Impact Snapshot
Event Time:
BLK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BLK alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BLK alerts
High impacting BlackRock, Inc. news events
Weekly update
A roundup of the hottest topics
BLK
News
- BlackRock, Inc. (NYSE: BLK) had its price target raised by analysts at Morgan Stanley from $1,245.00 to $1,261.00. They now have an "overweight" rating on the stock.MarketBeat
- BlackRock® Canada Postpones Unitholder Meeting of iShares Premium Money Market ETF to Approve Investment Objective ChangeGlobeNewswire
- BlackRock® Canada Announces Estimated December Cash Distributions for the iShares® ETFs [Yahoo! Finance]Yahoo! Finance
- BlackRock® Canada Announces Estimated December Cash Distributions for the iShares® ETFsGlobeNewswire
- BlackRock® Canada Announces Estimated Annual Reinvested Capital Gains Distributions for the iShares® ETFsGlobeNewswire
BLK
Earnings
- 10/14/24 - Beat
BLK
Sec Filings
- 12/6/24 - Form 4
- 12/6/24 - Form 4
- 12/6/24 - Form 4
- BLK's page on the SEC website