BLACKROCK Municipal Income TRUST V.BFK.P

Primary Symbol: BFK

BlackRock Municipal Income Trust (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to provide current income exempt from federal income taxes. Under normal market conditions, the Fund invests at least 80% of its managed assets in investments the income from which is exempt from federal income tax (except that the interest may be subject to the alternative minimum tax). The Fund may invest directly in securities or synthetically through the use of derivatives. The Fund's investment policies provide that it invests at least 80% of its total assets in investment grade quality municipal obligations issued by or on behalf of states, territories and possessions of the United States and their political subdivisions, agencies or instrumentalities, each of which pays interest that, in the opinion of bond counsel to the issuer, is excludable from gross income for federal income tax purposes. Its investment adviser is BlackRock Advisors, LLC.

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BLACKROCK Municipal Income TRUST > Tend is still lower, $4 by weeks end?

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Comment by Select55on Aug 16, 2021 1:11pm

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Post# 33710635

RE:RE:RE:Tend is still lower, $4 by weeks end?

we shall see thats what I think will happen or the deal will fall through its certainly far from a done deal and they have a break clause etc the only thing is the 525Million in shares has a 2 year hold so maybe they think it will rebound ;; guess we know by months end after the vote etc

VeritasVern wrote: Yes behind the scence it is almost certain that Redecan would want the terms renegotiated. Who would accept a decline of $226 million less than the implied settlement??

Select55 wrote: Redecan owners must be $hiting their pants about now as there down TWO HUNDRED and TWENTY SIX MILLION DOLLARS @^

VeritasVern wrote: Given we are only about 30 ish shares from $4, if the downtrend continues we could easily be at that level?