Research analysts covering BLACKROCK CORPORATE HIGH YIELD FUND.
Recent press releases and 8-K filings for HYT.
BlackRock Corporate High Yield Fund (HYT) Announces Successful Rights Offering Results
HYT
New Projects/Investments
- BlackRock Corporate High Yield Fund, Inc. (HYT) announced the successful completion of its transferable rights offer, which was over-subscribed due to high investor demand and expired on January 26, 2026.
- The final subscription price for Common Shares was $8.68, determined as 90% of the net asset value as of January 26, 2026.
- The offer is expected to result in the issuance of more than 32 million Common Shares, generating anticipated proceeds of approximately $283 million for the Fund.
- BlackRock Advisors, LLC will cover all expenses related to the offer, ensuring the Fund receives the entire proceeds, which it intends to invest in accordance with its investment objective and policies.
Jan 27, 2026, 1:30 PM
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