E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 5/9/2011 in the Prospect News Liability Management Daily, Prospect News Municipals Daily and Prospect News Preferred Stock Daily.

BlackRock to redeem $27.25 million auction market preferreds on June 6

By Toni Weeks

San Diego, May 9 - BlackRock MuniYield California Quality Fund, Inc. will redeem all of its outstanding series A28 auction market preferred stock on June 6, according to a filing with the Securities and Exchange Commission.

Each of the 1,090 shares has a liquidation preference of $25,000, and the redemption will total $27.25 million.

BlackRock is an investment management firm based in New York.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.