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Published on 1/16/2020 in the Prospect News Investment Grade Daily.

BlackRock intends to conduct offering of notes via five bookrunners

By Devika Patel

Knoxville, Tenn., Jan. 16 – BlackRock Inc. intends to offer dollar-denominated notes, according to a 424B5 filing with the Securities and Exchange Commission.

The notes feature a make-whole call and then a par call.

J.P. Morgan Securities LLC, BofA Securities, Inc., Wells Fargo Securities LLC, Deutsche Bank Securities Inc. and Goldman Sachs & Co. LLC are the joint bookrunners.

Proceeds will be used for general corporate purposes.

The investment management company is based in New York.


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