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 > How is the F200 partner going to help pay bills?

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Comment by Keeleron Jan 18, 2022 11:44am

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Post# 34328754

RE:RE:RE:RE:RE:RE:How is the F200 partner going to help pay bills?

SSL raied $140 million in desperation to pay for the $1 billion Redecan acquisition.
Regardless of whether or not Redecan was worth anywhere near $1 billion (they weren't) - the financing has put Hexo in the postion it's in now.

How many decades of NET PROFIT (not gross sales) will Redecan have to earn - for Hexo to ever recover the $1 billion?
Redecan was never what the pumptards thought it was - and all that happened was that Hexo investors paid the Montour's to become majority owners of Hexo. It didn't cost the Montour's a dime.

They played SSL for the arrogant wannabe that he is.

God Bless SSL

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