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MUA Rights Offering Quick Notes
BlackRock MuniAssets Fund announces a transferable rights offering with a 1-for-3 ratio, expiring August 20, 2026. The subscription price is set at the higher of 95% of market price or 90% of NAV, capping dilution at a 10% discount. Offering expenses are fully covered by the adviser, aligning management with shareholders and minimizing fund impact.
Seekingalpha | 2 weeks ago
