KBRA Assigns Rating to BlackRock Private Credit Fund's $200 Million Senior Unsecured Notes Due 2028 and 2030
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a rating of BBB- to BlackRock Private Credit Fund's ("BDEBT" or "the company") $50 million, 5.78% senior unsecured notes due December 17, 2028 and its $150 million, 6.14% senior unsecured notes due October 8, 2030. The rating Outlook is Stable. Funds will be used for general corporate purposes. Key Credit Considerations The rating is supported by BDEBT's ties to BlackRock, Inc. (NYSE: BLK) and its $360 billion Private Financing Solutions ("PFS†...