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Prospect News home > News index > List of issuers T > Headlines for Tenders 2011 > News item
Published on 5/20/2011 in the Prospect News Liability Management Daily, Prospect News Municipals Daily and Prospect News Preferred Stock Daily.

BlackRock MuniEnhanced Fund to redeem $104.45 million preferreds

By Toni Weeks

San Diego, May 20 - BlackRock MuniEnhanced Fund, Inc. will redeem all of its outstanding series A, C and D auction market preferred stock, according to a filing with the Securities and Exchange Commission.

Each of the 4,178 shares has a liquidation preference of $25,000, and the redemption will total $104.45 million.

On June 14, 1,525 series A28 shares will be redeemed. On May 31, 1,525 series C7 shares will be redeemed. On June 10, 1,128 series D7 shares will be redeemed.

BlackRock is an investment management firm based in New York City.


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