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Certain BlackRock Closed-End Funds Announce Partial Redemption of Auction Rate Preferred Shares

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Certain BlackRock Closed-End Funds Announce Partial Redemption of Auction Rate Preferred Shares Powered By Docstoc
					
				
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posted:1/8/2013
language:Japanese
pages:3
Description: NEW YORK--(BUSINESS WIRE)--BlackRock Advisors, LLC today announced the redemption of a portion of the issued and outstanding auction rate preferred shares (“ARPS”) by BlackRock Municipal 2018 Term Trust (NYSE:BPK), BlackRock Florida Municipal 2020 Term Trust (NYSE:BFO) and BlackRock Municipal 2020 Term Trust (NYSE:BKK) (collectively, the “Funds”). The redemptions announced today, which total approximately $17.45 million in ARPS, will be conducted at a liquidation preference of $25,000 per share, a st
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