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Prospect News home > News index > List of issuers Tenders > Headlines for 2014 > News item
Published on 12/2/2014 in the Prospect News Liability Management Daily, Prospect News Municipals Daily and Prospect News Preferred Stock Daily.

BlackRock Municipal 2018 Term Trust calls $27.5 million W-7, R-7 AMPS

By Tali Rackner

Norfolk, Va., Dec. 2 – BlackRock Municipal 2018 Term Trust will redeem $27.5 million of its outstanding auction market preferred shares, according to an N-23C-2 filing with the Securities and Exchange Commission.

The fund will redeem 550 series W-7 AMPS and 550 series R-7 AMPS on Dec. 26 at a liquidation preference of $25,000 per share.

BlackRock Advisors, LLC is an investment management firm based in New York.


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