BlackRock Announces Pricing of $250 Million Convertible Debt Offering.

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BlackRock Announces Pricing of $250 Million Convertible Debt Offering.

NEW YORK -- BlackRock, Inc. (NYSE:BLK) today announced the pricing of its private offering of $250 million aggregate principal amount of convertible debentures, which will be due in 2035. The debentures will bear interest at a rate of 2.625% per annum.

Prior to February 15, 2009, the debentures will be...

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