BlackRock (BLK) To Launch 5% Tender For BMEZ At 98% NAV
BlackRock (BLK) announced that its BMEZ fund will offer to buy back up to 5% of its shares at 98% of net asset value (NAV), following a period where the fund traded at a discount of over 10%. This move is part of BlackRock's discount control program, and other funds in the program will not conduct similar tenders.
