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Prospect News home > News index > List of issuers T > Headlines for Tenders 2011 > News item
Published on 9/26/2011 in the Prospect News Liability Management Daily, Prospect News Municipals Daily and Prospect News Preferred Stock Daily.

BlackRock MuniYield Quality Fund to redeem $35.33 million preferreds

By Toni Weeks

San Diego, Sept. 26 - BlackRock MuniYield Quality Fund, Inc. will redeem all of its outstanding A-28 auction-rate preferred shares on Oct. 25, according to a press release.

Each of the 1,413 shares has a liquidation preference of $25,000, and the redemption will total $35,325,000 principal amount plus accrued dividends, if any, to the redemption date.

BlackRock is an investment management firm based in New York.


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