Business Services Industry

USA: MOODY'S ASSIGNS BLACKROCK, INC. A1 ISSUER RATING.

IPR Strategic Business Information Database, September, 2007

Moody's Investors Service has assigned a new A1 issuer rating to BlackRock, Inc. (BlackRock, NYSE: BLK). The outlook on the rating is stable. Moody's stated that BlackRock's rating is supported by the firm's excellent market position as a leading, broadly diversified investment manager with access to many global distribution networks.

Moody's Vice President/Senior Credit Officer, Matthew Noll stated, "Since acquiring the assets of Merrill Lynch Investment Managers (MLIM) in September 2006, BlackRock has executed a very successful transformation. The company has solidified its upper tier market position while diversifying its products and clients. Having a direct linkage with Merrill Lynch & Co., Inc.'s (Merrill Lynch) extensive global network of private...

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