Liquidation: BLACKROCK MUNIASSETS FUND, INC.
Form Type: N-23C-2
Filing Date: 2025-02-28
Corporate Action: Liquidation
Type: New
Accession Number: 000119312525041961
Filing Summary: BlackRock MuniAssets Fund, Inc. has issued a notification of redemption for its Series W-7 Variable Rate Demand Preferred Shares. These shares, with a par value of $0.10 each and a liquidation preference of $100,000, may be redeemed between April 1, 2025, and October 1, 2025. The fund plans to redeem up to 67% of its outstanding shares, totaling 1,172 shares, on a pro rata basis among the holders. Once redeemed, dividends on these shares will cease to accumulate. The redemption will be processed in accordance with the procedures set by the Depository Trust Company, with payment handled by The Bank of New York Mellon. This notification is filed as per Rule 23c-2 under the Investment Company Act of 1940, fulfilling the requirement of at least 30 days prior notice for the upcoming redemptions.
Document Link: View Document
Additional details:
Title Of Securities: Series W-7 Variable Rate Demand Preferred Shares
Date Of Redemption: 2025-04-01 to 2025-10-01
Number Of Shares To Be Redeemed: 1172
Liquidation Preference: $100,000
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