StockWatch
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Investment Bankers/Brokers/Service
Loan & DebtApr 4, 2026, 07:45 AM

BlackRock Increases Revolving Credit Facility by $400 Million and Extends Maturity Date to 2031

AI Summary

BlackRock amended its Five-Year Revolving Credit Agreement, increasing the commitments by $400 million to a total of $6.3 billion. The amendment also extends the maturity date of the revolving facility to March 31, 2031, providing BlackRock with increased financial flexibility and access to capital.

Key Highlights

  • Revolving credit facility increased by $400 million.
  • Aggregate commitment now totals $6.3 billion.
  • Maturity date extended to March 31, 2031.