BlackRock Core Bond Trust Announces Successful Completion of Over-Subscribed Rights Offering

Reuters06-20
<a href="https://laohu8.com/S/BHK.RT">BlackRock Core Bond Trust</a> Announces Successful Completion of Over-Subscribed Rights Offering

BlackRock Core Bond Trust $(BHK)$ announced the successful completion of its over-subscribed rights offering, which expired on June 18, 2025. The offering allowed rights holders to subscribe for over 18 million shares at a final price of $9.22 each, resulting in anticipated proceeds of approximately $166 million. The funds will be invested in accordance with the Fund's objectives. Due to high demand, the offering was over-subscribed, with shares allocated pro-rata among investors who exercised their rights. The new shares will be eligible for the July distribution.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BlackRock Core Bond Trust published the original content used to generate this news brief via Business Wire (Ref. ID: 20250620890939) on June 20, 2025, and is solely responsible for the information contained therein.
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