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 Corp. Announces US$140 Million Public Offering at a pri

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Comment by VeritasVernon Aug 20, 2021 9:49am

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Post# 33739059

RE:RE:RE:HEXO Corp. Announces US$140 Million Public Offering at a pri

47/5 million shares offered at $2.95/share and a half warrant at $3.45 plus the option to buy an additional 7.1 million shares. I am certain that does not include the 15% fees avail in shares to the underwriters. So it looks like sub $3 and $2.95 is on its way. How has the past cost-averaging working out for you between $9-4 that was deemed a gift?

Keeler wrote: Yeah, gosh - that's good news
Can you imagine if it had been bigger? Good work SSL.

quinlash - (8/20/2021 9:30:14 AM)
RE:HEXO Corp. Announces US$140 Million Public Offering at a pri
Looks like they are raising the minimum amount needed to close the Redecan deal, glad they didn't do anything bigger at such a big discount.