BlackRock Enters Material Definitive Agreement

TL;DR

BlackRock just signed a big deal, creating a new financial obligation. Details TBD.

AI Summary

On April 4, 2025, BlackRock, Inc. entered into a material definitive agreement, creating a direct financial obligation. The filing does not specify the nature of the agreement or the financial obligation amount.

Why It Matters

This filing indicates a new significant financial commitment or obligation for BlackRock, which could impact its financial structure and future operations.

Risk Assessment

Risk Level: medium — The creation of a direct financial obligation without immediate disclosure of details introduces uncertainty regarding its potential impact on BlackRock's financial health.

Key Players & Entities

• BlackRock, Inc. (company) — Registrant
• April 4, 2025 (date) — Date of earliest event reported
• 50 Hudson Yards (location) — Principal executive offices address
• New York (location) — Principal executive offices city and state
• 10001 (location) — Principal executive offices zip code
• (212) 810-5800 (phone_number) — Business phone number

FAQ

From the Filing

0001193125-25-073567.txt : 20250407 0001193125-25-073567.hdr.sgml : 20250407 20250404181308 ACCESSION NUMBER: 0001193125-25-073567 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20250404 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250407 DATE AS OF CHANGE: 20250404 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock, Inc. CENTRAL INDEX KEY: 0002012383 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] ORGANIZATION NAME: 02 Finance EIN: 991116001 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-42297 FILM NUMBER: 25816023 BUSINESS ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: (212) 810-5800 MAIL ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 FORMER COMPANY: FORMER CONFORMED NAME: BlackRock Funding, Inc. /DE DATE OF NAME CHANGE: 20240215 8-K 1 d909045d8k.htm 8-K 8-K DE false 0002012383 0002012383 2025-04-04 2025-04-04     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     FORM 8-K     CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): April 4, 2025     BlackRock, Inc. (Exact name of registrant as specified in its charter)       DELAWARE   001-42297   99-1116001 (State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.)   50 Hudson Yards , New York , New York   10001 (Address of principal executive offices)   (Zip Code) Registrant’s telephone number, including area code: (212) 810-5800   (Former name or former address, if changed since last report.)     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of exchange on which registered Common Stock, $.01 par value   BLK   New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company  ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐       Item 1.01 Entry Into a Material Definitive Agreement. On April 4, 2025, BlackRock, Inc. (“BlackRock”) and certain of its subsidiaries entered into Amendment No. 16 (“Amendment No. 16”) to its Five-Year Revolving Credit Agreement, dated as of March 10, 2011, as amended by Amendment No. 1 thereto, dated as of March 30, 2012, Amendment No. 2 thereto, dated as of March 28, 2013, Amen