Cleary Gottlieb represented the underwriters, led by BofA Merrill Lynch, Deutsche Bank Securities, HSBC and Morgan Stanley as joint book running managers, in a public offering by Blackrock of $1 billion of its 3.50% Notes due 2024. The offering launched and priced on March 13, 2014 and closed on March 18, 2014. The firm has also been counsel to the underwriters of multiple previous BlackRock offerings.
BlackRock is the world’s largest publicly traded investment management firm. As of December 31, 2013, BlackRock had $4.324 trillion of assets under management.
