8-K - BlackRock, Inc. | StockGist

AI Analysis

AI-generated analysis. Always verify with the original filing.

BlackRock entered into Amendment No. 17 to its revolving credit facility, increasing commitments by $400 million to $6.3 billion and extending the maturity date to March 31, 2031.

Key Takeaways

1Total aggregate commitment increased by $400 million to $6.3 billion, enhancing liquidity capacity.

2Maturity date extended to March 31, 2031 for most lenders, with two non-extending lenders maturing March 31, 2028.

3SOFR adjustment removed for all SOFR-based loans, potentially reducing borrowing costs.

4Wells Fargo Bank, National Association serves as administrative agent for the facility.

Current Report Details

Event Type

Material Agreement

Financing

Exhibits Only

Disclosure

Mandatory

Variant

8-K

Items Reported

1.01

Entry Into a Material Definitive Agreement. On March 31, 2026, BlackRock, Inc. (“BlackRock”) and certain of its subsidiaries entered into Amendment No. 17 (“Ame

Material Agreement

$400.0M$6.30B

Source Document

2.03

Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information included in Item 1.01 of this

Financing

9.01

| Financial Statements and Exhibits. | |---|---| (d) Exhibits Exhibit Number: 10.1 | Description: Amendment No. 17, dated as of March 31, 2026, by and among Bla

Exhibits Only

Transaction Details

Material Agreement

Agreement: Amendment No. 17 to Five-Year Revolving Credit Agreement
Parties: BlackRock, Inc., BlackRock Finance, Inc., Wells Fargo Bank, National Association, Various Lenders

•Increases commitments under the revolving facility by $400,000,000 to an aggregate commitment of $6,300,000,000
•Extends the Maturity Date to March 31, 2031 for extending lenders
•Commitments of non-extending lenders mature on March 31, 2028
•Removes the secured overnight financing rate (SOFR) adjustment for all SOFR-based loans
•Dated as of March 31, 2026

Debt / Financing

Instrument: Revolving Credit Facility
Principal: 6300000000
Maturity: 2031-03-31

Exhibits (2)

10.1

EX-10.1

8-K