BlackRock New York Municipal Bond Trust (BQH)
- Business Wire
BlackRock New York Municipal Bond Trust Declares Special Distribution Before Merger and Announces Trading Halt in Advance of Merger
BlackRock Advisors, LLC today announced the declaration of a special distribution for BlackRock New York Municipal Bond Trust (NYSE:BQH, CUSIP: 09249P106) in relation to the previously announced merger with BlackRock New York Municipal Opportunities Fund ("MENKX" and together with BQH, the "Funds") an open-end mutual fund and a series of BlackRock Multi-State Municipal Series Trust, with MENKX being the surviving Fund (the "Merger").
- Business Wire
BlackRock Closed-End Fund Announces Variable Rate Preferred Shares Action
BlackRock Advisors, LLC announced today that BlackRock New York Municipal Bond Trust (NYSE:BQH, CUSIP: 09249P304) intends to redeem all of its outstanding Series W-7 Variable Rate Demand Preferred Shares, par value $0.001 per share ("VRDP Shares"), on October 1, 2020, at a redemption price equal to the liquidation preference of $100,000 per share, together with accumulated and unpaid dividends through the day prior to the redemption date.
- Business Wire
BlackRock Announces Shareholder Approval of the Merger of a Municipal Closed-End Fund into a Municipal Open-End Fund
BlackRock Advisors, LLC announced today that at a special meeting of shareholders of BlackRock New York Municipal Bond Trust (NYSE:BQH), the requisite shareholders of BQH approved the merger of BQH into BlackRock New York Municipal Opportunities Fund ("MENKX" and together with BQH, the "Funds"), an open-end mutual fund and a series of BlackRock Multi-State Municipal Series Trust, with MENKX being the surviving Fund (the "Merger"). Common shareholders of BAH who become shareholders of MENKX will be permitted to redeem, purchase or exchange shares of MENKX received in the Merger at the then-current net asset value.
