BlackRock Selling $2.5 Billion of Bonds to Fund Preqin Purchase
A unit of BlackRock Inc. is selling $2.5 billion of US investment-grade bonds on Wednesday to help fund a portion of the firm’s $3.2 billion acquisition of private-markets data business Preqin.Most Read from BloombergUS Floats Tougher Trade Rules to Rein In China Chip IndustryNasdaq 100 Set for Worst Day Since December 2022: Markets WrapBlackRock Says Gunman From Trump Rally Appeared in Firm’s AdTrump Security Tightened on Iran Plot Intel;