BlackRock Announces Expected Closing Date for Acquisition of Global Infrastructure Partners
13 Sep 2024
https://ir.blackrock.com/news-and-events/press-releases/press-releases-details/2024/BlackRock-Announces-Expected-Closing-Date-for-Acquisition-of-Global-Infrastructure-Partners/default.aspx
BlackRock
In connection with the closing of the GIP Transaction, BlackRock has also notified the NYSE of its intention to voluntarily delist from the NYSE and deregister its Euro-denominated 1.250% Notes due 2025 (the “2025 Notes”). BlackRock’s decision to withdraw the 2025 Notes from listing on the NYSE and registration under the Securities Exchange Act of 1934 (the “Exchange Act”) was based on its decision to make BlackRock a wholly-owned subsidiary of New BlackRock and to delist BlackRock’s common stock from the NYSE and withdraw registration of BlackRock’s common stock under the Exchange Act. The 2025 Notes will remain outstanding and BlackRock has applied for admission of the 2025 Notes to the Official List of The International Stock Exchange (TISE) to be effective following the closing of the GIP Transaction.
To delist the 2025 Notes from the NYSE, BlackRock will file a Notification of Removal from Listing on Form 25 relating to the delisting on or about September 23, 2024 (the “Form 25”) with the Securities and Exchange Commission (the “SEC”). The delisting will be effective on the 10 th day following filing of the Form 25, and the 2025 Notes will no longer trade on the NYSE effective on such date. BlackRock reserves the right to delay the filing of the Form 25 for any reason, including, without limitation, in the event that the GIP Transaction is delayed or is not completed for any reason.
https://ir.blackrock.com/news-and-events/press-releases/press-releases-details/2024/BlackRock-Announces-Expected-Closing-Date-for-Acquisition-of-Global-Infrastructure-Partners/default.aspx