Obbligazione Blackridge Inc 3.5% ( US09247XAL55 ) in USD

Emittente Blackridge Inc
Prezzo di mercato 100 USD  ▲ 
Paese  Stati Uniti
Codice isin  US09247XAL55 ( in USD )
Tasso d'interesse 3.5% per anno ( pagato 2 volte l'anno)
Scadenza 17/03/2024 - Obbligazione è scaduto



Prospetto opuscolo dell'obbligazione Blackrock Inc US09247XAL55 in USD 3.5%, scaduta


Importo minimo 2 000 USD
Importo totale 1 000 000 000 USD
Cusip 09247XAL5
Standard & Poor's ( S&P ) rating AA- ( High grade - Investment-grade )
Moody's rating Aa3 ( High grade - Investment-grade )
Descrizione dettagliata 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 US09247XAL55, pays a coupon of 3.5% per year.
The coupons are paid 2 times per year and the Obbligazione maturity is 17/03/2024

The Obbligazione issued by Blackridge Inc ( United States ) , in USD, with the ISIN code US09247XAL55, 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 US09247XAL55, was rated AA- ( High grade - Investment-grade ) by Standard & Poor's ( S&P ) credit rating agency.







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Filed Pursuant to Rule 424(b)(2)
Registration Statement No. 333-191157
CALCULATION OF REGISTRATION FEE


Proposed Maximum
Proposed Maximum
Amount Of
Title of Each Class of Securities
Amount To be
Offering Price
Aggregate Offering
Registration
To Be Registered

Registered

Per Unit

Price

Fee
Debt Securities
$1,000,000,000
(1)

$996,660,000

$128,370 (2)

(1) The 3.50% Notes due 2024 have a maximum offering price of 99.666%.
(2) Calculated in accordance with Rule 457(r) of the Securities Act of 1933, as amended.
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PROSPECTUS SUPPLEMENT
(To Prospectus dated September 13, 2013)

$1,000,000,000 3.50% Notes due 2024


The notes will bear interest at the rate of 3.50% per year, and mature on March 18, 2024.
Interest on the notes is payable on March 18 and September 18 of each year, beginning on September 18, 2014.
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-7 of this prospectus supplement and the section entitled "Risk Factors" beginning
on page 16 of our Annual Report on Form 10-K for the year ended December 31, 2013, which is
incorporated by reference into this prospectus supplement.

Per


Note
Total

Public Offering Price(1)

99.666%
$996,660,000
Underwriting Discount

0.450%
$ 4,500,000
Proceeds, before Expenses, to BlackRock

99.216%
$992,160,000

(1) Plus accrued interest, if any, from March 18, 2014.
Interest on the notes will accrue from March 18, 2014.
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 March 18, 2014, 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.



BofA Merrill Lynch

Deutsche Bank Securities
HSBC
Morgan Stanley



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Barclays

Citigroup
Credit Suisse
Goldman, Sachs & Co.
J.P. Morgan

RBC Capital Markets

UBS Investment Bank

Wells Fargo Securities



Mizuho Securities

RBS



CastleOak Securities, L.P.

Lebenthal Capital Markets

Loop Capital Markets

Mischler Financial Group, Inc.
Ramirez & Co., Inc.

The Williams Capital Group, L.P.
Prospectus Supplement dated March 13, 2014.
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TABLE OF CONTENTS
Prospectus Supplement



Page
About This Prospectus Supplement
S-ii
Special Note Regarding Forward Looking Statements
S-iii
Prospectus Summary
S-1
Risk Factors
S-7
Selected Consolidated Historical Financial Data
S-8
Use of Proceeds
S-10
Ratio of Earnings to Fixed Charges
S-10
Capitalization
S-11
Description of the Notes
S-12
Certain U.S. Federal Income Tax Consequences to Non-U.S. Holders
S-17
Underwriting
S-19
Validity of the Notes
S-24
Experts
S-24
Where You Can Find More Information
S-24
Information Incorporated By Reference
S-24
Prospectus

About This Prospectus
1
BlackRock
1
Risk Factors
1
Special Note Regarding Forward Looking Statements
2
Where You Can Find More Information
2
Use of Proceeds
3
Ratio of Earnings to Fixed Charges
3
Description of Debt Securities
4
Description of Capital Stock
12
Description of Warrants
18
Description of Subscription Rights
19
Description of Stock Purchase Contracts and Stock Purchase Units
19
Certain ERISA Considerations
20
Selling Stockholders
21
Legal Matters
21
Experts
21

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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, 2013, 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" beginning on page S-23 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
future acquisitions or divestitures; (6) the unfavorable resolution of legal proceedings; (7) the extent and timing of any share
repurchases; (8) the impact, extent and timing of technological changes and the adequacy of intellectual property, information and
cyber security protection; (9) 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 or The PNC Financial Services Group, Inc. ("PNC"); (10) 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; (11) the ability to attract and retain highly talented professionals; (12) fluctuations in the carrying value of BlackRock's
economic investments; (13) the impact of changes to tax legislation, including income, payroll and transaction taxes, and taxation on
products or transactions, which could affect the value proposition to clients and, generally, the tax position of BlackRock;
(14) BlackRock's success in maintaining the distribution of its products; (15) the impact of BlackRock electing to provide support to
its products from time to time and any potential liabilities related to securities lending or other indemnification obligations; and
(16) the impact of problems at other financial institutions or the failure or negative performance of products at other financial
institutions.

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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
Overview
BlackRock, Inc. (NYSE: BLK) is the world's largest publicly traded investment management firm with $4.324 trillion of
assets under management ("AUM") at December 31, 2013. With approximately 11,400 employees in more than 30 countries,
BlackRock provides a broad range of investment and risk management services to clients in more than 100 countries across the
globe.
Our unique platform enables us to offer active and passive investment strategies across asset classes to develop tailored
solutions for clients. Our product range includes single- and multi-asset class portfolios investing in equities, fixed income,
alternatives 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® risk
management and advisory services primarily to institutional investors.
We serve a diverse mix of retail, including high net worth, and institutional clients across the globe. Clients include
tax-exempt institutions, such as defined benefit and defined contribution pension plans, charities, foundations and endowments;
official institutions, such as central banks, sovereign wealth funds, supranationals and other government entities; taxable
institutions, including insurance companies, financial institutions, corporations and third-party fund sponsors. We also serve
institutional and retail investors who acquire iShares on exchanges worldwide. Investments in iShares are reported separately
and excluded from figures and discussions in the institutional and retail sections below.
BlackRock is structured to drive strong investment performance and client solutions. Our organizational structure was
designed to ensure that strong investment performance is our highest priority, and that we best align with our clients' needs to
capitalize on broader industry trends. Furthermore, our structure facilitates strong teamwork globally across both functions and
regions in order to enhance our ability to leverage best practices to serve our clients and continue to develop our talent.
Specifically, the client side of our business is organized into two groups: one comprising Retail and iShares and another
comprising Institutional and BlackRock Solutions. The separation of the client functions into these two teams allows us to focus
on the unique needs of these client groups by bringing the full capabilities of the firm to bear in an organized, cohesive approach.
Additionally, our investments functions are split into five distinct strategies: Alpha, Beta, Multi-Asset, Alternatives and
Trading/Liquidity.


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Business Description
Retail
BlackRock serves retail investors globally through separate accounts, open-end and closed-end funds, unit trusts and private
investment funds. Retail investors are served principally through intermediaries, including broker-dealers, banks, trust
companies, insurance companies and independent financial advisors. Relationships with these intermediaries are managed via
robust sales organizations inclusive of firm-level relationship management professionals and advisor-focused wholesaling teams.
In the United States, the integration of the traditional Retail and iShares sales forces represents the largest dedicated sales team in
the industry, focused on delivering BlackRock's full range of solutions.
At December 31, 2013, long-term assets managed for retail investors totaled $487.8 billion. Our diversified product mix
includes 42% of long-term AUM in equities, 31% in fixed income, 24% in multi-asset class and 3% in alternatives, primarily
invested in actively managed products. Our client base is also diversified geographically, in the Americas, in EMEA and in
Asia-Pacific, reflecting strong relationships with intermediaries and our ability to deliver global investment expertise and
products tailored to local regulations and requirements.
iShares
iShares is a global leader in exchange traded products for institutional and retail investors with $914.4 billion of AUM at
December 31, 2013. iShares offers the most diverse product set in the industry with 703 ETFs at year-end 2013, and serves the
broadest client base, covering more than 25 countries on five continents. Our broad product range offers investors a precise,
transparent and low-cost way to tap market returns and gain access to a full range of asset classes and global markets that have
been difficult or expensive for many investors to access until now, as well as the liquidity required to make adjustments to their
exposures quickly and cost-efficiently.
Institutional
BlackRock's institutional teams, organized geographically and by client type, work to tailor our investment services to meet
our clients' needs by understanding client-specific objectives while leveraging our expertise in global and local markets.
Long-term assets managed for institutional investors totaled $2.610 trillion, or 65%, of total long-term AUM at December
31, 2013. BlackRock's institutional AUM is diversified by both product and region with 53% of long-term AUM in equities, 35%
in fixed income, 9% in multi-asset class and 3% in alternatives. Institutional AUM is further diversified by investment style, with
36% of client assets in active strategies and 64% of client assets in passive strategies, and client type, including: defined benefit
and defined contribution pension plans, charities, foundations and endowments; official institutions, such as central banks,
sovereign wealth funds, supranationals and other government entities; and taxable institutions, including insurance companies,
financial institutions, corporations and third-party fund sponsors.
The combination of BlackRock Solutions with our institutional client business furthers our commitment to implementing a
holistic approach to investing and developing outcome-oriented solutions for our clients.
BlackRock Solutions
BlackRock Solutions offers investment management technology systems, risk management services and advisory services to
clients, including banks, insurance companies, official institutions, pension funds, asset managers and other institutional investors
across North America, Europe, Asia and Australia.


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The Aladdin platform serves as the risk management system for BlackRock and a growing number of sophisticated
institutional investors around the world. Aladdin assignments are long-term contracts and provide significant levels of recurring
revenue. BlackRock Solutions also offers comprehensive risk reporting capabilities via the Green Package® and risk
management advisory services; interactive fixed income analytics through our web-based calculator, AnSer®; middle and back
office outsourcing services; and investment accounting.
The Financial Markets Advisory group within BlackRock Solutions provides services such as valuation and risk assessment
of illiquid assets, portfolio restructuring, workouts and dispositions of distressed assets and financial and balance sheet strategies
for a wide range of global clients.
Cash Management and Securities Lending
BlackRock offers a variety of cash management mandates to clients around the world. Our products include money market
funds and customized separate accounts in both taxable and tax-exempt strategies in multiple currencies, including the U.S. dollar,
Canadian dollar, Australian dollar, Euro and British pound. Cash management AUM was $275.6 billion at December 31, 2013.
Securities lending is managed by a dedicated team, supported by quantitative analysis, proprietary technology and
disciplined risk management. The cash management team invests the cash we receive as collateral for securities on loan in other
portfolios. Fees for securities lending can be structured as a share of earnings and/or as a management fee based on a percentage
of the value of the cash collateral. The value of the securities on loan and the revenue earned is captured in the corresponding
asset class being managed. The value of the collateral is not included in AUM.
Transition Management Services
BlackRock also offers transition management services, involving the temporary oversight of a client's assets as they
transition from one manager to another or from one strategy to another. We provide a comprehensive service that includes project
management and implementation based on achieving the best execution consistent with the client's risk management tolerances.
We use state-of-the-art tools and work closely with BlackRock's global trading research team and other teams throughout
BlackRock to manage four dimensions of risk throughout the transition: exposure, execution, process and operational risk. The
average transition assignment is executed within three weeks, although the duration can be longer or shorter depending on the
size, complexity and liquidity of the related assets. These portfolios are not included in AUM unless BlackRock has been retained
to manage the assets after the transition phase.


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Ownership
BlackRock is an independent, publicly traded company, with no single majority shareholder and a majority of independent
directors on its Board of Directors. At December 31, 2013, PNC owned approximately 20.9% of BlackRock's voting common
shares outstanding and approximately 21.9% of the total capital stock.
AUM by Product Type







December 31,
December 31,
(in millions)

2013

2012









Equity

$ 2,317,695
$ 1,845,501
Fixed income

1,242,186
1,259,322
Multi-asset

341,214


267,748

Alternatives

111,114


109,795

Long-term

4,012,209
3,482,366
Cash management

275,554


263,743

Advisory

36,325


45,479

Total

$ 4,324,088
$ 3,791,588
Our principal office is located at 55 East 52nd Street, New York, New York 10055. Our telephone number is
(212) 810-5300.


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