Maiden Lane II LLC: Bid List Offering

On March 30, 2011, the New York Fed announced that through its investment manager, BlackRock Solutions, it would begin a process to sell the assets in the ML II portfolio both individually and in segments over time as market conditions warrant through a competitive sales process.
Bid List Offering
Bid List Circulation Time: April 11, 2011 at 1:00 PM
Bid Submission Deadline: April 13, 2011 at 1:00 PM
Winners Notified:

April 13, 2011 at 2:30 PM

CUSIPs: 42
Current Face Amount1: $691,255,198

Assets sold:
Number of CUSIPs
Current Face Amount1

37

$626,080,072


Bid List Circulation Time: April 4, 2011 at 1:00 PM
Bid Submission Deadline: April 6, 2011 at 1:00 PM
Winners Notified:

April 6, 2011 at 2:30 PM

CUSIPs: 52
Current Face Amount1: $1,496,965,090

Assets sold:
Number of CUSIPs
Current Face Amount1

42

$1,326,856,873

1Current face amount represents the most recent balance of principal outstanding on the assets and should not be confused with market value or the price ML II paid to acquire the assets. At October 31, 2008 inception, the ML II LLC paid $20.5 billion for the portfolio of assets with a face amount of approximately $39.3 billion.

Inquiries relating to the sales process can be made at ML2inquiries@blackrock.com.
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