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    Certain BlackRock Funds (BGY, BSTZ, MVF) Announce Expiration and Preliminary Results of Tender Offers

    The BlackRock closed-end funds (the “Funds”) listed below announced today the expiration and preliminary results of each Fund’s tender offer (each, a “Tender Offer”) for up to 2.5% of its outstanding common shares (the “Shares”).

    Each Tender Offer commenced on April 17, 2025 and expired at 5:00 p.m. Eastern time on May 20, 2025.

    Based on preliminary information, the number of Shares properly tendered for each Fund and not withdrawn is noted in the table below.

    Fund Name

    Ticker

    CUSIP

    Shares Offered for Repurchase

    Shares Tendered (Preliminary Results)

    BlackRock Enhanced International Dividend Trust

    BGY

    092524107

    2,323,447

    22,873,636

    BlackRock Science and Technology Term Trust

    BSTZ

    09260K101

    1,762,670

    12,715,932

    BlackRock MuniVest Fund, Inc.

    MVF

    09253R105

    1,470,146

    20,975,948

    Based on the preliminary results shown above, because the Tender Offer was oversubscribed for each Fund, the relative number of Shares that will be purchased from each shareholder is expected to be prorated based on the number of Shares properly tendered for the Fund. The purchase price of properly tendered and accepted Shares for each Fund will be 98% of the Fund's net asset value (“NAV”) as of the close of regular trading on the New York Stock Exchange on May 21, 2025, the business day immediately following the expiration date of the Tender Offer. The above-indicated results are based on preliminary information, are subject to adjustment and should not be regarded as final. Each Fund expects to announce the final results of its Tender Offer, including the pro-ration factor, if applicable, on or about May 21, 2025.

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    Business Wire (engl.)
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    Certain BlackRock Funds (BGY, BSTZ, MVF) Announce Expiration and Preliminary Results of Tender Offers The BlackRock closed-end funds (the “Funds”) listed below announced today the expiration and preliminary results of each Fund’s tender offer (each, a “Tender Offer”) for up to 2.5% of its outstanding common shares (the “Shares”). Each Tender Offer …