UBS-VENDITA ASSET BLACKROCK

mercoledì 21 maggio 2008 08:52
 

07:01 21May08 RTRS-UBS AG UBSN.VX COMPLETES THE SALE OF USD $15 BILLION OF U.S. REAL ESTATE RELATED ASSETS TO BLACKROCK07:03 21May08 RTRS-UBS AG UBSN.VX SAYS FUND PURCHASED THE SECURITIES USING AROUND $3.75 BILLION IN EQUITY RAISED BY BLACKROCK FROM INVESTORS07:03 21May08 RTRS-UBS AG UBSN.VX SAYS FUND ALSO USED A MULTI-YEAR COLLATERALIZED TERM LOAN OF APPROXIMATELY $11.25 BILLION PROVIDED BY UBS07:06 21May08 RTRS-BRIEF-UBS completes sale of $15 bln assets to Blackrock

ZURICH, 21 maggio (Reuters) - UBS AG UBSN.VX: * Completes the sale of USD $15 billion of U.S. real estate related assets to Blackrock (BLK.N: Quotazione) * Says fund purchased the securities using around $3.75 billion in equity raised by blackrock from investors * Says fund also used a multi-year collateralized term loan of approximately $11.25 billion provided by UBS ((Zurich Newsroom, zurich.newsroom@reuters.com, +41 58 306 7340)) ((For more information, click on [CNR-CH])) For Related News, Double Click on one of these codes:[E] [U] [CEEU] [CH] [EUROPE] [WEU] [RES] [BSVC] [FINS] [INVS] [BNK] [LEN] [RTRS] [FUND] [US] [FIN] [MRG] [UBSN.VX] [BLK.N] For Relevant Price Information, Double Click on one of these codes:UBSN.VX (BLK.N: Quotazione) Wednesday, 21 May 2008 07:01:39RTRS [nWEA7694] {EN}ENDSMILANO, XX XXX (Reuters) -