M&A - BLACKROCK MUNICIPAL INCOME TRUST II

Form Type: 425

Filing Date: 2025-01-21

Corporate Action: Merger

Type: New

Accession Number: 000119312525009606

Filing Summary: On January 21, 2025, BlackRock Advisors, LLC announced that the Boards of Directors/Trustees of certain closed-end funds have approved reorganizations involving BlackRock Municipal Income Trust II (NYSE: BLE) among others. The approved reorganizations will see these funds merge into BlackRock MuniHoldings Fund, Inc. (NYSE: MHD), with MHD continuing as the surviving entity. Other reorganizations include BlackRock Investment Quality Municipal Trust, Inc. merging into BlackRock MuniYield Quality Fund, Inc. and BlackRock Long-Term Municipal Advantage Trust merging into BlackRock MuniAssets Fund, Inc. These changes are intended to benefit shareholders through potential reductions in expenses, increased income, improved after-tax yields, and better market trading conditions. The reorganizations are expected to be completed in the third quarter of 2025, pending necessary approvals from shareholders and other closing conditions.