BlackRock Municipal Income Fund, Inc. (MUI) Announces Final Results of Tender Offer
BlackRock Municipal Income Fund, Inc. (MUI)
US:NYSE Investor Relations:
blackrock.com/investing/products/240205/blackrock-muni-intermediate-duration-fund-inc-usd-fund
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)--BlackRock Advisors, LLC (“BlackRock”) announced today the final results of BlackRock Municipal Income Fund, Inc. (NYSE: MUI, the “Fund”) tender offer (a “Tender Offer”) for up to 50% of its outstanding common shares (the “Shares”).The Tender Offers, which expired at 5:00 p.m. Eastern time on November 15, 2024, was oversubscribed.Therefore, in accordance with the terms and conditions of the Tender Offer, the Fund will purchase Shares from all tendering shareholders 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.Fund NameTickerCUSIPNumber ofSharesTenderedNumber ofTendered Sharesto be PurchasedPro-RationFactorPurchasePrice*BlackRock Municipal Income Fund, Inc.MUI09253X10244,715,01035,996,0720.8050512112.7890*Equal to 98% of the Fund’s net asset value per Share as of the close of regular trading on the New York Stoc
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News
- BlackRock Municipal Income Fund, Inc. (MUI) Expiration and Preliminary Results of Tender OfferBusiness Wire
- BlackRock Municipal Income Fund, Inc. (MUI) Announces Tender Offer in Conjunction with Conversion to an Unlisted Closed-End Interval Fund StructureBusiness Wire
- BlackRock Announces Results of Shareholder Vote at Special Meeting Relating to BlackRock Municipal Income Fund, Inc. (MUI) Conversion to Unlisted Closed-End Interval Fund StructureBusiness Wire
- BlackRock Municipal Income Fund, Inc. (MUI) Announces Variable Rate Demand Preferred Shares ActionBusiness Wire
MUI
Sec Filings
- 11/19/24 - Form SC
- 11/18/24 - Form SC
- 11/1/24 - Form SC
- MUI's page on the SEC website