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

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Comment by JHill28on Sep 10, 2018 8:24pm

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Post# 28594219

RE:RE:RE:Let's speculate shall we?

This is just from a news article but it makes it seems like the $6 warrants are already agreed upon by both sides, no?

As part of the transaction, Hydropothecary has also agreed to issue warrants to Molson that are worth 11.5 million common shares of Hydropothecary at a strike price of $6 per share, a spokesperson said. If exercised, St-Louis said the warrants represent an ownership stake of about five per cent in Hydropothecary.

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