We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
BlackRock Inc | NYSE:BLK | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
12.74 | 1.59% | 815.70 | 818.18 | 807.68 | 808.95 | 666,696 | 00:55:29 |
BlackRock (NYSE: BLK) and Santander today announced that funds and accounts managed by BlackRock will provide financing on a $600 million diversified portfolio of infrastructure credit across communications, energy, power and transportation sectors via a structured transaction.
BlackRock’s private debt franchise provides differentiated, flexible and scalable financing solutions to a broad network of global financial institutions and corporate relationships. Through the breadth of BlackRock’s over $50 billion of infrastructure client AUM across equity, debt, and solutions, the firm has built one of the market’s leading infrastructure debt franchises, sourcing, structuring and managing client assets with the potential for income generation.
“Our infrastructure debt franchise aims for win-win financing transactions that solve the needs of financial institutions and corporates, while generating returns for long-term investors. We have a longstanding relationship with Santander and look forward to providing flexible capital to support the growth of its global project finance franchise and all sectors of the burgeoning infrastructure economy,” said Gary Shedlin, Vice Chairman, BlackRock.
“We are pleased to announce this transaction, which underscores our commitment to private debt mobilization. By proactively rotating our assets, we not only strengthen our financial position but also generate capital for additional profitable growth. This approach is fundamental to our strategy of sustainable growth and value creation for our stakeholders," commented José García Cantera, Group Chief Financial Officer at Banco Santander.
About BlackRock
BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock
View source version on businesswire.com: https://www.businesswire.com/news/home/20240411800010/en/
Carolyn Vadino +1 (646) 310-0852 carolyn.vadino@blackrock.com Carina Mickeviciute +34 687 55 67 54 carina.mickeviciute@blackrock.com
1 Year BlackRock Chart |
1 Month BlackRock Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions