BlackRock Debt Strategies Fund, Inc. Announces Results of Third Measurement Period
Blackrock Debt Strategies Fund, Inc. (DSU)
US:NYSE Investor Relations:
blackrock.com/investing/products/240192/blackrock-debt-strategies-fund-inc-usd-fund
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)--BlackRock Debt Strategies Fund, Inc. (NYSE:DSU, CUSIP: 09255R202) (the “Fund”) announced today the results of the Third Measurement Period (as defined below) under its previously announced three-year discount management program (the “Program”). The Program is part of the Fund’s ongoing efforts to enhance long-term shareholder value and provide liquidity to the market for its common shareholders. This is the final measurement period under the Program.As previously announced, under the Program, the Fund intends to offer to repurchase its common shares based on three 3-month measurement periods (each a “Measurement Period”) if the Fund’s common shares trade at an average daily discount to net asset value (“NAV”) of greater than 7.5% during a Measurement Period (a “Trigger Event”). The Fund’s third Measurement Period commenced on December 2, 2019 and ended on February 28, 2020 (the “Third Measurement Period”). The Fund’s Board of Directors (the “Board”) dete
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Sec Filings
- 11/7/24 - Form SC
- 10/30/24 - Form 4
- 9/5/24 - Form N-CSRS
- DSU's page on the SEC website