BlackRock Core Bond Trust $(BHK)$ announced the successful completion of its over-subscribed rights offering, which expired on June 18, 2025. The offering allowed rights holders to subscribe for over 18 million shares at a final price of $9.22 each, resulting in anticipated proceeds of approximately $166 million. The funds will be invested in accordance with the Fund's objectives. Due to high demand, the offering was over-subscribed, with shares allocated pro-rata among investors who exercised their rights. The new shares will be eligible for the July distribution.
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