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BlackRock Capital Allocation Term Trust launches transferable share rights offering

BlackRock Capital Allocation Term Trust launches transferable share rights offering

ReutersReuters2026/09/10 21:31
  • BlackRock Capital Allocation Term Trust set a transferable rights offering for holders of record on Sept. 25, 2026.
  • One right per share; five rights required to buy one new share.
  • Rights expected to trade on NYSE as “BCAT RT”; trading set to end Oct. 20, 2026.
  • Offer scheduled to expire Oct. 21, 2026, unless extended.
  • Subscription price set on expiration date; typically 95% of five-day average price, with a floor at 98.5% of NAV.


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 Capital Allocation Term Trust published the original content used to generate this news brief via Business Wire (Ref. ID: 20260910377733) on September 10, 2026, and is solely responsible for the information contained therein.

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