BlackRock Corporate High Yield Fund Successfully Completes Rights Offering, Raises $283 Million
ByAinvest
Tuesday, Jan 27, 2026 8:35 am ET1min read
HYT--
BlackRock Corporate High Yield Fund completed its transferable rights offer, which was over-subscribed. The fund will issue over 32 million common shares, resulting in approximately $283 million in proceeds. The funds will be invested in accordance with the investment objective and policies. The offer was successful, and shares issued will receive the monthly distribution expected in February 2026.
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