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 > Hexo Conducts Financing For Third Month In A Row

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Comment by KantoTerroron Jun 17, 2020 8:52am

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Post# 31159196

RE:Hexo Conducts Financing For Third Month In A Row

Not a good look...what happens if they won't be able to get the funding?

JLUTZ1 wrote:
Hexo Corp is somehow looking for even more money. The company announced this morning, for what is at least the third month in a row, yet another financing. This time, its in the form of an at the market equity program, with total funds raised expected to total $34.5 million.

https://thedeepdive.ca/hexo-conducts-financing-for-third-month-in-a-row-this-time-via-atm-program/