Obbligazione Blackridge Inc 4.25% ( US09247XAH44 ) in USD

Blackridge Inc

100 USD ▼

Stati Uniti

US09247XAH44 ( in USD )

4.25% per anno ( pagato 2 volte l'anno)

23/05/2021 - Obbligazione è scaduto

Prospetto opuscolo dell'obbligazione Blackrock Inc US09247XAH44 in USD 4.25%, scaduta

2 000 USD

750 000 000 USD

09247XAH4

AA- ( High grade - Investment-grade )

Aa3 ( High grade - Investment-grade )

BlackRock Inc. è la più grande società di gestione patrimoniale al mondo, con attività in investimenti passivi e attivi, tecnologia finanziaria e soluzioni di investimento per clienti istituzionali e privati.

The Obbligazione issued by Blackridge Inc ( United States ) , in USD, with the ISIN code US09247XAH44, pays a coupon of 4.25% per year.
The coupons are paid 2 times per year and the Obbligazione maturity is 23/05/2021

The Obbligazione issued by Blackridge Inc ( United States ) , in USD, with the ISIN code US09247XAH44, was rated Aa3 ( High grade - Investment-grade ) by Moody's credit rating agency.

The Obbligazione issued by Blackridge Inc ( United States ) , in USD, with the ISIN code US09247XAH44, was rated AA- ( High grade - Investment-grade ) by Standard & Poor's ( S&P ) credit rating agency.

Final Prospectus Supplement
Page 1 of 62
424B2 1 d424b2.htm FINAL PROSPECTUS SUPPLEMENT
Table of Contents
CALCULATION OF REGISTRATION FEE

Proposed
Maximum
Proposed
Amount
Offering
Maximum
Amount Of
Title of Each Class of
To be
Price Per
Aggregate
Registration
Securities To Be Registered
Registered
Unit
Offering Price
Fee
Debt Securities
$1,500,000,000
(1)
$1,495,710,000 $173,651.93 (2)

(1) The Floating Rate Notes due 2013 have a maximum offering price of 100.000%. The 4.250% Notes due 2021 have a
maximum offering price of 99.428%.
(2) Calculated in accordance with Rule 457(r) of the Securities Act of 1933, as amended.
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Filed Pursuant to Rule 424(b)(2)
Registration Statement No. 333-169328
PROSPECTUS SUPPLEMENT
(To prospectus dated September 13, 2010)
$1,500,000,000

$750,000,000 Floating Rate Notes due 2013
$750,000,000 4.250% Notes due 2021

The floating rate notes due 2013 ("2013 Notes") will bear interest at an interest rate for each interest period equal to
the three-month U.S. Dollar LIBOR (as described herein), reset quarterly, plus a margin of 0.30% per annum. We will pay
interest on the 2013 Notes on February 24, May 24, August 24 and November 24 of each year, beginning on August 24,
2011, subject to adjustment as specified herein. The 2013 Notes will mature on May 24, 2013.
The 4.250% notes due 2021 ("2021 Notes" and, together with the 2013 Notes, the "notes") will bear interest at the
rate of 4.250% per year. We will pay interest on the 2021 Notes on May 24 and November 24 of each year, beginning on
November 24, 2011. The 2021 Notes will mature on May 24, 2021.
The notes will be unsecured and unsubordinated obligations of our company and will rank equal in right of payment
with each other and with all our other unsubordinated indebtedness from time to time outstanding.
Investing in our notes involves risks, including those described in the "Risk Factors"
section beginning on page S-11 of this prospectus supplement and the section entitled "Risk
Factors" beginning on page 28 of our most recent Annual Report on Form 10-K for the year
ended December 31, 2010, which is incorporated by reference into this prospectus supplement.

Per 2013 Note
Per 2021 Note

Total
Public Offering Price

100.000%
99.428%
$1,495,710,000
Underwriting Discount

0.200%
0.450%
$
4,875,000
Proceeds, before expenses, to BlackRock

99.800%
98.978%
$1,490,835,000
Interest on the notes will accrue from May 24, 2011.
Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved
of these securities or determined if this prospectus supplement or the accompanying prospectus is truthful or complete. Any
representation to the contrary is a criminal offense.
The underwriters expect to deliver the notes to purchasers on or about May 24, 2011, only in book-entry form
through the facilities of The Depository Trust Company and its participants, including Clearstream Banking, société
anonyme, and Euroclear Bank S.A./N.V.

Barclays Capital
BofA Merrill Lynch

Citi

Credit Suisse
Deutsche Bank Securities
Goldman, Sachs & Co.
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HSBC
J.P. Morgan
Mizuho Securities USA Inc.
Morgan Stanley
RBS

UBS Investment Bank
Wells Fargo Securities

The date of this prospectus supplement is May 19, 2011.
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TABLE OF CONTENTS
Prospectus Supplement

About This Prospectus Supplement

S-ii
Special Note Regarding Forward Looking Statements

S-iii
Prospectus Summary

S-1
Risk Factors
S-11
Selected Consolidated Historical Financial Data
S-12
Use of Proceeds
S-14
Ratio of Earnings to Fixed Charges
S-14
Capitalization
S-15
Description of the Notes
S-16
Certain U.S. Federal Income Tax Consequences to Non-U.S. Holders
S-23
Underwriting
S-25
Conflicts of Interest
S-28
Validity of the Notes
S-29
Experts
S-29
Where You Can Find More Information
S-29
Information Incorporated by Reference
S-29
Prospectus

About This Prospectus

1
BlackRock

1
Risk Factors

2
Special Note Regarding Forward Looking Statements

2
Where You Can Find More Information

3
Use of Proceeds

4
Ratio of Earnings to Fixed Charges

4
Description of Debt Securities

4
Description of Capital Stock

13
Description of Warrants

19
Description of Subscription Rights

20
Description of Stock Purchase Contracts and Stock Purchase Units

20
Certain ERISA Considerations

21
Selling Stockholders

22
Legal Matters

22
Experts

22

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ABOUT THIS PROSPECTUS SUPPLEMENT
This document is in two parts. The first part is this prospectus supplement, which contains specific information
about us and the terms on which we are offering and issuing notes. The second part is the accompanying prospectus dated
September 13, 2010, which contains and incorporates by reference important business and financial information about us and
other information about the offering.
This prospectus supplement and the accompanying prospectus are part of a registration statement that we filed with
the Securities and Exchange Commission ("SEC") using a shelf registration process. Under this shelf registration process, we
may, from time to time, sell notes in one or more offerings. This prospectus supplement also adds to, updates and changes
information contained in the accompanying prospectus. You should read both this prospectus supplement and the
accompanying prospectus as well as additional information described under "Information Incorporated by Reference" on
page S-29 of this prospectus supplement before investing in our notes. Generally, when we refer to the prospectus, we are
referring to both parts of this document combined.
We are responsible for the information contained in or incorporated by reference into this prospectus supplement
and the accompanying prospectus or in any free writing prospectus. Neither we nor any of the underwriters have authorized
anyone to provide you with different information. We are not, and the underwriters are not, making an offer to sell our notes
in any jurisdiction where the offer or sale is not permitted. You should assume that the information appearing in this
prospectus supplement, the accompanying prospectus and the documents incorporated by reference herein or therein is
accurate only as of their respective dates. Our business, financial condition, results of operations and prospects may have
changed since those dates.
Before you invest in our notes, you should carefully read the registration statement (including the exhibits thereto) of
which this prospectus supplement and the accompanying prospectus form a part, this prospectus supplement, the
accompanying prospectus and the documents incorporated by reference herein and therein.

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SPECIAL NOTE REGARDING FORWARD LOOKING STATEMENTS
This prospectus supplement and the accompanying prospectus, including the documents incorporated by reference
herein and therein, and other statements that BlackRock may make, may contain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act, with respect to BlackRock's future financial or business
performance, strategies or expectations. Forward-looking statements are typically identified by words or phrases such as
"trend," "potential," "opportunity," "pipeline," "believe," "comfortable," "expect," "anticipate," "current," "intention,"
"estimate," "position," "assume," "outlook," "continue," "remain," "maintain," "sustain," "seek," "achieve," and similar
expressions, or future or conditional verbs such as "will," "would," "should," "could," "may" or similar expressions.
BlackRock cautions that forward-looking statements are subject to numerous assumptions, risks and uncertainties,
which change over time. Forward-looking statements speak only as of the date they are made, and BlackRock assumes no
duty to and does not undertake to update forward-looking statements. Actual results could differ materially from those
anticipated in forward-looking statements and future results could differ materially from historical performance.
In addition to risk factors previously disclosed in BlackRock's SEC reports and those identified elsewhere in this
prospectus supplement, the following factors, among others, could cause actual results to differ materially from forward-
looking statements or historical performance: (1) the introduction, withdrawal, success and timing of business initiatives and
strategies; (2) changes and volatility in political, economic or industry conditions, the interest rate environment, foreign
exchange rates or financial and capital markets, which could result in changes in demand for products or services or in the
value of assets under management; (3) the relative and absolute investment performance of BlackRock's investment
products; (4) the impact of increased competition; (5) the impact of capital improvement projects; (6) the impact of future
acquisitions or divestitures; (7) the unfavorable resolution of legal proceedings; (8) the extent and timing of any share
repurchases; (9) the impact, extent and timing of technological changes and the adequacy of intellectual property and
information security protection; (10) the impact of legislative and regulatory actions and reforms, including the Dodd-Frank
Wall Street Reform and Consumer Protection Act, and regulatory, supervisory or enforcement actions of government
agencies relating to BlackRock, Barclays Bank PLC ("Barclays"), Bank of America Corporation, Merrill Lynch & Co., Inc.
("Merrill Lynch") or The PNC Financial Services Group, Inc. ("PNC"); (11) terrorist activities, international hostilities and
natural disasters, which may adversely affect the general economy, domestic and local financial and capital markets, specific
industries or BlackRock; (12) the ability to attract and retain highly talented professionals; (13) fluctuations in the carrying
value of BlackRock's economic investments; (14) the impact of changes to tax legislation and, generally, the tax position of
BlackRock; (15) BlackRock's success in maintaining the distribution of its products; (16) the impact of BlackRock electing
to provide support to its products from time to time; (17) the impact of problems at other financial institutions or the failure
or negative performance of products at other financial institutions; and (18) the ability of BlackRock to complete the
integration of the operations of Barclays Global Investors ("BGI").

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PROSPECTUS SUMMARY
The following summary is qualified in its entirety by the more detailed information included elsewhere or
incorporated by reference into this prospectus supplement or the accompanying prospectus. Because this is a summary,
it may not contain all the information that is important to you. You should read this entire prospectus supplement and the
accompanying prospectus, including the information incorporated by reference herein and therein, before making an
investment decision. When used in this prospectus supplement, the terms "BlackRock," "Company," "we," "our" and
"us" refer to BlackRock, Inc. and its subsidiaries, unless otherwise specified.
BLACKROCK
General
BlackRock, Inc. is an independent investment management firm with $3.648 trillion of assets under
management ("AUM") as of March 31, 2011. The Company is highly regulated, serves its clients as a fiduciary and
derives its revenues from client business. We focus exclusively on investment management and risk management; we do
not engage in proprietary trading or other activities that could conflict with the interests of our clients. Our business is
global: we invest in capital markets throughout the world, we have employees in 26 countries and we serve investors in
more than 100 countries. Our clients include taxable, tax-exempt and official institutions, retail investors and high net
worth individuals.
On December 1, 2009, BlackRock acquired BGI from Barclays, referred to as the "BGI Transaction," creating a
firm with a substantial breadth of investment expertise and risk management capabilities across the global capital
markets. Our unique platform enables us to bring together active (alpha) investments with index (beta) products and risk
management to develop tailored solutions for clients. Our product range includes single- and multi-asset class portfolios
investing in equities, fixed income, alternative investments and/or money market instruments. We offer our products
directly and through intermediaries in a variety of vehicles, including open-end and closed-end mutual funds, iShares®
exchange-traded funds ("ETFs") and other exchange traded products (together with ETFs, "ETPs"), collective
investment funds and separate accounts. We also offer our BlackRock Solutions® ("BRS") investment systems, risk
management and advisory services to institutional investors.
Our principal office is located at 55 East 52nd St., New York, N.Y. 10055. Our telephone number is (212) 810-
5300.
Products
BlackRock offers a broad spectrum of investment management and risk management products and services.
Investment management offerings include single- and multi-asset class portfolios, which may be structured to focus on a
particular investment style, capitalization range, region or market sector; credit or maturity profile; or liability structure.
Revenue from these products primarily consists of advisory fees, typically structured as a percentage of AUM. In some
instances, we earn securities lending fees or performance fees, which may be expressed as a share of earnings or a
percentage of returns in excess of agreed-upon targets. In addition, BlackRock offers its Aladdin® investment system, as
well as risk management, outsourcing and advisory services, to institutional investors under the BlackRock Solutions
name. Revenue on these services may be based on several criteria including asset volume, percent of AUM, number of
users, accomplishment of specific deliverables or other performance objectives.

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Active Equity
BlackRock manages active equity portfolios utilizing two distinct investment approaches: fundamental and
scientific. Fundamental investments seek to add value relative to a specified index or on an absolute basis primarily
through security selection based on BlackRock's proprietary research and portfolio manager judgment. Scientific equity
strategies seek superior investment outcomes through a stock selection process that aims to systematically find and
exploit pricing opportunities while rigorously managing risk and cost.

· Fundamental equity products offer medium or higher levels of tracking error and feature a high degree of
manager discretion over investment strategy. Experienced teams of portfolio managers, research analysts
and traders are dedicated to these portfolios. Each team employs fundamental research, often in conjunction

with quantitative screens, to inform their investment decisions. They also work closely with BlackRock's
Risk and Quantitative Analysis Group ("RQA") to ensure that risk positions are deliberate and scaled
appropriately.

· Scientifically driven active equity portfolios seek to achieve returns in excess of a chosen index by
balancing return, risk and cost considerations. Significant proprietary research is undertaken to develop and
systematically apply investment insights, ensure acceptable levels of tracking error, and minimize trading

costs. While tracking error varies from low to medium, these strategies are model-driven and the level of
manager discretion is low. Although scientific active equity strategies have struggled industry-wide since
mid-2007, we believe in the long-term viability of the approach and have committed substantial resources
to research and development of the next generation of scientific active equity investing.
A wide variety of products are offered in each of these styles, including global and regional portfolios; value,
growth and core products; large, mid and small cap strategies; and selected sector funds. These products are designed to
enable investors to access return opportunities in one or more developed, emerging or frontier markets, or in specific
industry or capitalization sectors and sub-sectors. Portfolio management teams employ disciplined investment and
portfolio construction processes designed to achieve specified investment objectives. Equity portfolio managers manage
long-only equity accounts, the equity portion of certain multi-asset products and equity hedge funds, including long-short
strategies, counted in alternative investment AUM.
Active Fixed Income
We offer a broad range of actively managed fixed income products across regions, sectors, credit quality and
maturities that include investment strategies in sovereign and local government debt, mortgage-backed, asset-backed and
other structured securities, and corporate bonds. Actively managed strategies may employ a fundamental or model-
driven investment process. The former emphasizes risk-controlled sector rotation and security selection driven by sector
experts and direct interaction with issuers and market makers, while the latter employs models to identify relative return
opportunities and to apply those results, subject to a pragmatic review of model risk, on a systematic basis across
portfolios. Portfolios can be managed relative to a market index, a duration (price risk) target or a client's liabilities, and
are often tailored to client-specified liabilities, accounting, regulatory or rating agency requirements or other investment
policies. BlackRock's fixed income team manages long-only portfolios, the bond portion of certain multi-asset class
mandates, and a variety of fixed income alternative investment products.

· Fundamental fixed income strategies seek to achieve competitive investment returns through a disciplined
investment process that focuses on sector rotation and security selection, while controlling duration

exposures relative to the performance benchmark. The fundamental fixed income team is comprised of
regional and sector specialists as well as credit and quantitative

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analysts. Portfolio managers work closely with RQA to monitor and manage risk, and are supported by

extensive analytical tools and a shared research database that includes reports from both equity and credit
analysts throughout BlackRock.

· Model-based fixed income portfolios seek to consistently add value relative to the chosen index and control
performance volatility. To do so, the model-based fixed income team undertakes proprietary research and

model development to identify and systematically apply investment insights. Real-time analysis of a wide
array of risk measures is used to continuously assess potential impact on total return and adjust portfolio
holdings as appropriate.
Institutional Index
BlackRock utilizes an index or passive approach for both equity portfolios and fixed income products. Index and
enhanced index equity products are most heavily constrained, and apply rigorous processes in order to replicate the
performance of the related index, while minimizing the effect of trading and other costs on investment returns. Index and
enhanced index fixed income products are designed to replicate the performance of the related market index. A rigorous
investment and portfolio construction process is used to ensure minimal tracking error, while seeking to limit transaction
costs.
Multi-Asset Class
BlackRock manages a variety of products that invest in more than one asset class. These can be as
straightforward as a balanced fund that is managed relative to a benchmark consisting of a fixed combination of broad
equity and bond market indices (e.g., 60% S&P 500 and 40% Barclays Capital Aggregate Bond Index). Demand for
investment solutions that utilize a combination of fixed income, equities and alternative investments has been growing,
and we offer a variety of asset allocation and balanced products, including strategic advice, global and tactical asset
allocation portfolios, and target date and target risk funds, including the LifePath® portfolios offered to defined
contribution plans, which invest in a dynamically adjusted mix of stocks and bonds over an investment horizon. The
most complex multi-asset class assignments are fiduciary management services in which BlackRock assumes
responsibility for pension plan management. These services require close collaboration with our clients to understand
their objectives, as well as regulatory and other investment constraints, and to design and deliver a unified and cost-
effective solution for managing the plan. These and other products are supported by BlackRock's Multi-Asset Class
Solutions team, which includes portfolio managers, quantitative analysts, investment strategists, research analysts,
economists and actuaries.
Alternative Investments
Our alternative investment offerings include real estate debt and equity, funds of funds, macro funds, hedge
funds, absolute return strategies and active currency and commodity funds. Our alternative investment strategies are
designed to provide enhanced returns with the same or less risk as the broad equity and bond markets or returns with low
correlations to the broad equity and bond markets. In many cases, these strategies employ actual or structural leverage in
an effort to enhance returns. These products are often structured with a performance fee. During 2010, we launched
BlackRock Alternative Investors to coordinate our alternative investment efforts, including product management,
business development and client service.

· BlackRock's Real Estate Group manages real estate debt and equity strategies investing in U.S., European,
Australian and Asian markets. Equity products include core, value-added and opportunistic investments in

commercial properties and multifamily housing. Debt strategies focus primarily on investment grade and
high yield commercial real estate debt.

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· BlackRock's Global Market Strategies Group manages global macro style strategies using a scientifically
driven active investment process to capture excess returns in equity, fixed income, currency and commodity

markets. The group also manages long only and long/short commodity portfolios and active, dynamic and
static currency hedging strategies.

· BlackRock Alternative Advisors, our fund of funds platform, offers private equity and hedge funds of funds
and hybrid strategies. These products invest in third party funds or co-invest alongside third party

managers. Experienced teams utilize a disciplined manager research program and risk management
framework to make investment decisions and construct portfolios designed to achieve attractive absolute
returns over time.
BlackRock's equity, fixed income and multi-asset class teams also manage a variety of fixed income and equity
hedge funds, global macro funds, portable alpha, distressed and opportunistic strategies. Offerings include both open-end
hedge funds and similar products, and closed-end funds that have been created to take advantage of specific
opportunities over a defined, often longer-term investment horizon. These products permit use of shorting and generally
employ leverage as well.
BlackRock also invests alongside clients in many of these products to further evidence our alignment of interest.
These co-investments are held on our balance sheet and substantially all are marked to market.
Cash Management and Securities Lending
BlackRock offers a wide variety of cash management mandates to clients worldwide. We believe our leadership
position reflects both a conservative investment philosophy and an array of choices available to investors. Products
include money market funds and customized separate accounts in both taxable and tax-exempt strategies in multiple
currencies, including U.S. dollar, Sterling and Euro. The acquisition of BGI significantly enhanced our growing non-U.S.
cash management platform. We manage portfolios for individuals, corporate and municipal treasurers, and bank, hospital
and university operating funds. BlackRock is committed to a conservative investment style that emphasizes quality,
liquidity, and superior client service through market cycles. Our disciplined approach is closely tied to rigorous credit
risk management.
Our Cash Management team also manages the cash we receive as collateral for securities on loan in other
portfolios. Securities lending, which is offered as a potential source of incremental returns on equity and fixed income
portfolios, is managed by a dedicated team, supported by quantitative analysis, leading-edge technology and formalized
risk management. Fees for securities lending can be structured as a share of earnings and/or a percentage of the value of
the cash collateral. The value of the securities on loan is reported as AUM in the corresponding asset class. The value of
the cash collateral is not reported as AUM.
iShares/ETPs
BlackRock manages currency and commodity funds, the vast majority of which were acquired through the BGI
Transaction. These products include active currency and currency overlay strategies primarily managed through
institutional separate accounts, and commodity portfolios primarily offered as iShares products.
iShares is the leading ETF provider in the world. We also introduced 78 new ETPs during 2010, maintaining our
dual commitment to innovation and responsible product structuring. Our broad product range offers investors the
building blocks required to assemble diversified portfolios and implement tactical asset allocation strategies and the
liquidity required to make adjustments to their exposures quickly and cost-efficiently.

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