BlackRock and Santander Expand Partnership for Private Asset Financing
The agreement follows an initial transaction whereby funds and accounts managed by BlackRock agreed to provide financing on a
“We are pleased to expand our longstanding relationship with Santander through this agreement, which will provide long-term, flexible capital on a recurring basis to support the growth of its project finance franchise. At the same time, this agreement will provide further access to attractive, differentiated investment opportunities for our clients now and over the long term,” said
“This framework agreement with BlackRock will allow us to continue to proactively rotate our assets, further strengthening our financial position and allowing us to generate capital for additional profitable growth. We look forward to working with BlackRock through this expanded partnership,” said
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Source: BlackRock