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Published on 5/2/2013 in the Prospect News Liability Management Daily, Prospect News Municipals Daily and Prospect News Preferred Stock Daily.

BlackRock Municipal 2018 Term Trust calls $10.3 million W-7, R-7 AMPS

By Tali David

Minneapolis, May 2 -BlackRock Municipal 2018 Term Trust will redeem $10.3 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 206 series W-7 AMPS and 206 series R-7 AMPS at a liquidation preference of $25,000 per share.

The W-7 shares will be redeemed on May 23, and the R-7 shares will be redeemed on May 24.

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


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