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BlackRock Capital Allocation Term Trust Expects to Issue 3,300,000 Shares Following Rights Offering

BlackRock Capital Allocation Term Trust Expects to Issue 3,300,000 Shares Following Rights Offering

BitgetBitget2026/10/22 01:10
  • BlackRock Capital Allocation Term Trust completed its transferable rights offering, which expired on October 21, 2026.
  • The offering is expected to generate approximately $43 million from the issuance of approximately 3,300,000 common shares.
  • The final subscription price was $13.3 per common share, equivalent to 98.5% of net asset value at expiration.
  • Rights holders could subscribe for up to 21,255,200 common shares.
  • BlackRock Advisors will cover all offering expenses, allowing the fund to retain the entire proceeds.


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 Capital Allocation Term Trust published the original content used to generate this news brief via Business Wire (Ref. ID: 20261021757124) on October 22, 2026, and is solely responsible for the information contained therein.

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