BlackRock Credit Allocation Income Trust Announces Final Results of Tender Offer
BlackRock Credit Allocation Income Trust (BTZ)
US:NYSE Investor Relations:
blackrock.com/investing/products/240168/blackrock-credit-allocation-income-trust-usd-fund
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)--BlackRock Credit Allocation Income Trust (the “Trust”) (NYSE: BTZ, CUSIP: 092508100) today announced the final results of the Trust’s tender offer (the “Tender Offer”) for up to 10% of its outstanding common shares of beneficial interest (the “Shares”).The Tender Offer, which expired at 5:00 p.m. Eastern time on February 3, 2020, was oversubscribed.Therefore, in accordance with the terms and conditions of the Tender Offer, the Trust will purchase Shares from all tendering stockholders on a pro rata basis, after disregarding fractions, based on the number of Shares properly tendered (“Pro-Ration Factor”). The final results of the Tender Offer are provided in the table below.Number ofSharesTenderedNumber ofTendered Sharesto be PurchasedPro-RationFactorPurchasePrice*41,241,878 10,386,555 0.25185496 $14.945*Equal to 98% of the Trust’s net asset value per Share as of February 3, 2020 (the business day on which the Tender Offer expired).Questions regarding the
Show less
Read more
Impact Snapshot
Event Time:
BTZ
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BTZ alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BTZ alerts
High impacting BlackRock Credit Allocation Income Trust news events
Weekly update
A roundup of the hottest topics
BTZ
Sec Filings
- 10/3/24 - Form 4
- 10/3/24 - Form 4
- 10/3/24 - Form 4
- BTZ's page on the SEC website