Source: Bakersfield

BlackRock: Certain BlackRock Closed-End Funds Announce Tender Offer in Conjunction with Results of the Quarterly Measurement Period of their Discount Management Programs

NEW YORK--(BUSINESS WIRE)--Apr 1, 2025-- The BlackRock closed-end funds (the "Funds") listed below announced today the results of the Quarterly Measurement Period (as defined below) under their previously announced discount management programs (the "Programs"). Funds with a Trigger Event (as defined below) at the end of the Quarterly Measurement Period also announced the dates of tender offers. The Programs are part of the Funds' ongoing efforts to manage discounts and enhance long-term shareholder value and provide liquidity to the market for their common shareholders. There can be no assurances as to the effect that a Program will have on the market for a Fund's shares or the discount at which a Fund's shares may trade relative to its NAV. Copyright Business Wire 2025.

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