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Prospect News home > News index > List of issuers B > Headlines for BlackRock New Jersey Municipal Income Trust > News item
Published on 5/17/2018 in the Prospect News Liability Management Daily and Prospect News Preferred Stock Daily.

BlackRock New Jersey to redeem $59.1 million muni term preferreds

By Sarah Lizee

Olympia, Wash., May 17 – BlackRock New Jersey Municipal Income Trust intends to redeem its $59.1 million of variable-rate muni term preferred shares, according to an N-23C-2 filing with the Securities and Exchange Commission.

The 591 preferred shares, with a liquidation preference $100,000 per share, will be redeemed on May 31.

The fund is based in New York.


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