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BlackRock Core Bond Trust Announces Rights Offering with Attractive Terms
ByAinvest
Friday, May 16, 2025 5:16 pm ET1min read
BlackRock Core Bond Trust (BHK) announced a rights offering, allowing shareholders to purchase additional shares at a discount. The offer aims to increase the fund's assets to take advantage of investment opportunities. The adviser will bear all expenses, and the fund expects to maintain its current distribution level. The offer is expected to enhance liquidity and lower the fund's expense ratio.
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