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BlackRock Income Trust Announces Over-subscribed Rights Offering, Raises $87.1M
ByAinvest
Monday, Oct 20, 2025 10:46 pm ET1min read
BlackRock Income Trust, Inc. (BKT) has completed a transferable rights offering, exceeding its goal of issuing 8.1 million shares. The over-subscribed offering resulted in proceeds of approximately $87.1 million, which the fund plans to invest in accordance with its objective and policies. The newly issued shares will be entitled to receive the monthly distribution in November.
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