BlackRock MuniAssets Fund issues 16,784,940 shares in oversubscribed rights offering at $9.91 each
Reuters2026/08/21 08:06Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- BlackRock MuniAssets Fund completed an over-subscribed transferable rights offering that expired Aug. 20, 2026.
- Issued about 16,784,940 common shares, including over-subscription allocations and guaranteed delivery subscriptions.
- Final subscription price set at $9.91 per share, based on 90% of net asset value on Aug. 20, 2026.
- Gross proceeds expected at about $166 million, with the adviser covering offering expenses.
- New shares will not receive dividends or distributions with record dates before the offering’s expiration date.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BlackRock MuniAssets Fund Inc. published the original content used to generate this news brief on August 20, 2026, and is solely responsible for the information contained therein.
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