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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.


NYSE:BFK - Post by User

Comment by Skateron Dec 21, 2021 9:48am
102 Views
Post# 34250013

RE:HEXO Total Liabilities = $549 Mil CDN / $424 USD

RE:HEXO Total Liabilities = $549 Mil CDN / $424 USDWhat the news release said: 

The Path to Growth: A Strengthened Balance Sheet

As part of its plan to ensure the Company has adequate capital to meet its requirements, it is taking immediate action to reduce the dilutive effect of its senior secured convertible note (“Convertible Note”). The Company is working with investment banks, as well as its current debt holder towards a holistic solution to reduce its debt overhang.

What Quin-Spin said:
One item of note mentioned by the CEO is that they are working with investment banking to obtain traditional financing in order to avoid dilluting shareholder value through a capitial raise on the market.

To avoid diluting shareholder value through a capital raise?  Really?  Proven liar Quin spin.  Anyone who listens to you deserves what they get.  Pain.

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