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 > Where is the equity financing at?

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Post by Skateron Apr 07, 2020 1:29pm

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Post# 30887260

Where is the equity financing at?

Had til April 10 to get the ATM in place and have $15M committed. Plus need $40 million in the next 3 weeks. OR get the bank convenants amended. This is where the gamblers win or lose the big bucks...but you've got to know when to hold em and when to fold em....which is it?

Skater

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