Item 2.03 Creation of a Direct Financial Obligation or an Obligation Under an
Off-balance Sheet Arrangement of a Registrant.
OnJanuary 27, 2020 ,BlackRock, Inc. ("BlackRock" or the "Company") completed its underwritten public offering of$1,000,000,000 aggregate principal amount of its 2.400% Notes due 2030 (the "Notes") pursuant to BlackRock's registration statement on Form S-3 (File No. 333-224504).
The Notes were issued pursuant to the Senior Indenture, dated as of
At any time and from time to time, prior toJanuary 30, 2030 (three (3) months prior to maturity), the Company may redeem the Notes at a "make-whole" redemption price (as defined in the Notes). The notes may be redeemed on or afterJanuary 30, 2030 (three (3) months prior to maturity) in whole or in part at any time, at the Company's option, at 100% of the principal amount of the notes. In the case of any such redemption, the Company will also pay accrued and unpaid interest, if any, to the redemption date. Each of the following constitutes an event of default under the Indenture: (1) failure to pay any interest on any debt security of such series when due and payable, continued for 30 days; (2) failure to pay any principal when due of such series at its maturity; (3) failure to observe or perform any other covenants or agreements of the Company with respect to such debt securities for 60 days after the Company receives notice of such failure; or (4) certain events of bankruptcy, insolvency or reorganization. The Indenture includes requirements that must be met if the Company consolidates or merges with, or sells all or substantially all of the Company's assets to, another entity. The foregoing summary is qualified in its entirety by reference to the text of the Indenture, a copy of which is in Exhibit 4.5 to the Company's Annual Report on Form 10-K for the year endedDecember 31, 2007 , and the Notes, a form of which is attached as Exhibit 4.2 to this Current Report on Form 8-K.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
4.1* Indenture, dated September
17, 2007, between
York, as trustee. 4.2 Form of Note for the 2.400% Notes due 2030. 5.1 Opinion Letter of Skadden,
of the Notes. 23.1 Consent of Skadden, Arps,
5.1). 104 Cover Page Interactive
Date File (embedded within the Inline XBRL document)
* Incorporated by reference to
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