Liquidation: BLACKROCK MUNIYIELD NEW YORK QUALITY FUND, INC.

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Form Type: N-23C-2

Filing Date: 2025-02-28

Corporate Action: Liquidation

Type: New

Accession Number: 000119312525042205

Filing Summary: BlackRock MuniYield New York Quality Fund, Inc. announces the redemption of its Series W-7 Variable Rate Demand Preferred Shares (CUSIP #: 09255E805). The redemption period begins on April 1, 2025, and continues until October 1, 2025. The company intends to redeem up to 67% (1,659 shares) of currently outstanding Series W-7 VRDP Shares on a pro rata basis among holders. Each redeemed share will receive a liquidation preference of $100,000, along with accumulated and unpaid dividends until the redemption date. Dividends will cease to accumulate post-redemption. The redemption process will be managed through the Depository Trust Company, with The Bank of New York Mellon serving as the payment agent.

Document Link: View Document

Additional details:

Title Of Security: Series W-7 Variable Rate Demand Preferred Shares


Date Of Redemption: from April 1, 2025 to October 1, 2025


Number Of Shares To Be Redeemed: 1,659 shares


Liquidation Preference Per Share: $100,000


Payment Agent: The Bank of New York Mellon


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