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 > they lost money and owe a lot of money

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Comment by quinlashon Mar 16, 2022 2:04pm

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Post# 34519183

RE:they lost money and owe a lot of money

Tilray is taking over a majority of the debt so they will not need to raise money nor seek financing from an institution, we couldn't ask for a better solutition to the debentures. Terms being pushed out to 2026 so the time pressure is off as well.

IMHO Tilray and HEXO are going to merge based on them working together now on product development and production as well as Tilray putting someone on the HEXO BOD.