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Stock impact report

BlackRock Defined Opportunity Credit Trust Announces Additional Liquidation Details

BLACKROCK DEFINED OPPORTUNITIES CREDIT (BHL) 
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)-- BlackRock Advisors, LLC today announced that, in connection with the liquidation of BlackRock Defined Opportunity Credit Trust (NYSE:BHL) (the “Fund”), the Fund’s common shares will continue to trade the “regular way” on the New York Stock Exchange (NYSE) through August 2, 2017 and will be suspended from trading before the opening of trading on August 3, 2017. The Fund has entered into a plan of liquidation such that it anticipates making its final liquidation on or about August 18, 2017. Once BHL’s common shares have been suspended from trading on the NYSE, any subsequent information pertaining to the Fund’s liquidation will be available in the “Press Releases” section of http://www.blackrock.com/CEF. Other BlackRock Closed-End Funds BlackRock manages approximately $10 billion in credit-based closed-end funds as of June 30, 2017. Following BHL’s liquidation, former BHL Show less Read more
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