03:08 PM EDT, 10/30/2024 (MT Newswires) -- BlackRock's ( BLK ) Alacrity Solutions is in restructuring talks with creditors, Bloomberg reported Tuesday, citing people with knowledge of the matter.

Alacrity, an insurance claims manager acquired by BlackRock ( BLK ) in February 2023, has a debt load that includes $1 billion in unitranche financing from Antares Capital, Blue Owl Capital (OWL), KKR (KKR) and others, the report said.

Alacrity also has a mezzanine loan from Goldman Sachs Asset Management (GS), the report said.

Alacrity, BlackRock ( BLK ), Blue Owl, KKR, and Goldman Sachs Asset Management declined to comment, Bloomberg said.

The companies didn't immediately reply to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 979.54, Change: -3.63, Percent Change: -0.37