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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

BLACKROCK Municipal Income TRUST
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Comment by alphatradron Oct 25, 2018 9:37pm
267 Views
Post# 28875489

RE:RE:RE:JV Questions and concerns...

RE:RE:RE:JV Questions and concerns...Received this from IR today.  

Currently, the warrants that are for sale under the trading symbol HEXO-WT are exercisable at $5.60/share and have an expiry date of January 2020. This means that if you purchase warrants, you can use them to purchase the same amount of shares in HEXO-T at a price of $5.60(not $6.00)/share up until January 2020 (not 3 years), regardless of the trading price of HEXO-T on the TSX Market.
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