Core Viewpoint - KBRA assigns a BBB- rating to BlackRock Private Credit Fund's senior unsecured notes, indicating a stable outlook for the company [1] Group 1: Credit Rating Details - The company has issued $50 million in senior unsecured notes with a 5.78% interest rate due on December 17, 2028 [1] - Additionally, the company has issued $150 million in senior unsecured notes with a 6.14% interest rate due on October 8, 2030 [1] - The rating outlook for these notes is classified as Stable [1] Group 2: Financial Context - The funds raised will be utilized for general corporate purposes [1] - The credit rating is bolstered by the company's affiliation with BlackRock, Inc. and its substantial $360 billion Private Financing Solutions platform [1]
KBRA Assigns Rating to BlackRock Private Credit Fund's $200 Million Senior Unsecured Notes Due 2028 and 2030