BlackRock MuniAssets Fund issues 16,784,940 shares in oversubscribed rights offering at $9.91 each
MUA•Rights offering completed
BlackRock MuniAssets Fund completed an over-subscribed transferable rights offering that expired Aug. 20, 2026.
- Issued about 16,784,940 common shares, including over-subscription allocations and guaranteed delivery subscriptions.
- Final subscription price set at $9.91 per share, based on 90% of net asset value on Aug. 20, 2026.
- Gross proceeds expected at about $166 million, with the adviser covering offering expenses.
- New shares will not receive dividends or distributions with record dates before the offering’s expiration date.
