BlackRock Capital Allocation Term Trust launches transferable share rights offering - BCAT News | RalliesBlackRock Capital Allocation Term Trust launches transferable share rights offering
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BCAT• Transferable rights offering details
- BlackRock Capital Allocation Term Trust set a transferable rights offering for holders of record on Sept. 25, 2026.
- One right per share; five rights required to buy one new share.
- Rights expected to trade on NYSE as “BCAT RT”; trading set to end Oct. 20, 2026.
- Offer scheduled to expire Oct. 21, 2026, unless extended.
- Subscription price set on expiration date; typically 95% of five-day average price, with a floor at 98.5% of NAV.
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