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 > Did you know...

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Comment by VeritasVernon Sep 09, 2021 9:59am

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Post# 33830640

RE:RE:Did you know...

Keeler, you correct these misleading clowns over and over again but they refuse to understand. No wonder everyone with shares (except for T) are in the red.

Keeler wrote: Hexo doesn't own the Bellevue Complex (BCI) - and LEASES only 500,000 sq ft of the total 2 million.

Hexo owns 25% of the building - Olegna Holdings owns 75% - a majority owner of Olegna, V, Chiarra - is on the Hexo Board.
Surprised?
Hexo in turn, sub-leases space to Truss.

Hexo lease payments are $9.2 million in 2022/23, $8.7 million in 2024-25 and....$31 million 'Thereafter'. (yes, $31 million)

The ownership arrangment is foudn on SEDAR - June 14/21 MD&A Page 38 'Related Parties'
and the Lease Payment structure is found on the Interim Financial Statments, Page 10 'Lease Liabilities'

Hexo did lend BCI $20 million as part of the original purchase price - but has since been paid back.

quebec4ever - (9/8/2021 10:44:21 PM)
Did you know...
Belleville is 2 million Sq feet which was once the biggest warehouse in Canada owned be Sears.Truss has its production in part of that building......who will our next spoke be? Price of the building and land 20 M.