when did blackrock buy pnbk

when did blackrock buy pnbk AI+
Josiah 7 days ago US Equity Public

when did blackrock buy pnbk

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AI+ Standard 7 days ago
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BlackRock has not acquired a company specifically named "PNBK." However, there is a documented relationship between BlackRock Private Credit Fund Leverage I, LLC and PNC Bank, National Association.

An "Amendment No. 2 to First Amended and Restated Credit and Security Agreement" was executed on December 12, 2025, involving BlackRock Private Credit Fund Leverage I, LLC as the borrower and PNC Bank, National Association as the facility agent for the secured parties. The original "First Amended and Restated Credit and Security Agreement" was dated November 27, 2024. This agreement outlines a credit and security arrangement, not an acquisition of PNC Bank by BlackRock.1

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