BLACKROCK DEBT STRATEGIES FUND, INC. DSU
Terms unclear
Unclear — read the filing yourself
| Status | Closed |
|---|---|
| Closing date | 2018-04-17 |
| How it is priced | Priced at a percentage of net asset value |
| Odd-lot threshold | — |
| Must tender everything you hold | Yes |
| Must tick the odd-lot box on the form | Not stated |
Where each of these comes from
Every line above was read out of the filing. Here is the wording it was read from, so you can check it.
expiry = 2018-04-17...d and Outstanding Shares of Common Stock of BlackRock Debt Strategies Fund, Inc. at 98% of Net Asset Value Per Share by BlackRock Debt Strategies Fund, Inc. in Exchange for Cash THE OFFER TO PURCHASE WILL EXPIRE AT 5:00 P.M., EASTERN TIME, ON APRIL 17, 2018, UNLESS THE OFFER IS EXTENDED. To the Common Stockholders of BlackRock Debt Strategies Fund, Inc.: BlackRock Debt Strategies Fund, Inc., a diversified, closed-end management investment company, organized as a Maryland Corporation (the “Fun...
listed = True...day immediately following the newly designated Expiration Date. Stockholders who choose to participate in the Offer can expect payments for Shares tendered and accepted to be mailed within approximately ten business days after the Expiration Date. The Shares are traded on the NYSE under the symbol “DSU.” As of March 12, 2018, the Fund had 58,791,928 Shares outstanding; its NAV per Share was $12.69 and its market price per Share was $11.64, representing a discount of 8.27% to NAV. The NAV on the Pricing Date may be higher or lower than the NAV as of March 12, 2018, and the discount to NAV at which the Shares trade...
mechanism = NAV_PERCENTEX-99.(A)(1)(I) 2 d548829dex99a1i.htm EX-99.(A)(1)(I) EX-99.(a)(1)(i) Table of Contents (a)(1)(i) Offer to Purchase Up to 10% of the Issued and Outstanding Shares of Common Stock of BlackRock Debt Strategies Fund, Inc. at 98% of Net Asset Value Per Share by BlackRock Debt Strategies Fund, Inc. in Exchange for Cash THE OFFER TO PURCHASE WILL EXPIRE AT 5:00 P.M., EASTERN TIME, ON APRIL 17, 2018, UNLESS THE OFFER IS EXTENDED. To the Common Stockholders of BlackRock Debt Strategies Fund, Inc.: BlackRock Debt Strategies Fund, Inc., a diversified, closed-end management investment company, orga...
must_tender_all = True...the terms and subject to the conditions of the Offer, purchase Shares tendered on a pro rata basis, provided, however, that the Fund may accept all Shares tendered by stockholders who own, beneficially or of record, an aggregate of not more than 99 Shares and who tender all of their Shares, before pro rating Shares tendered by other stockholders. This is intended to assist small account “odd lot” stockholders avoid a situation where they may be forced to hold a nominal number of Shares due to the fact that they are unable to tender all their Shares if the Offer is oversubscribed. Accordingly, stockholders cannot be assured...
price = USD 12.44...or lower than the NAV as of March 12, 2018 set forth above. Does the Fund have the financial resources to pay me for my Shares? • Yes. If the Fund purchased 5,879,192 Shares at a price per share of $12.44, equal to 98% of the NAV as of March 12, 2018 ($12.69 per Share), the Fund’s total cost, not including fees and expenses incurred in connection with the Offer, would be approximately $73 million. The Fund intends to fir...
txn_type = TENDER_OFFEREX-99.(A)(1)(I) 2 d548829dex99a1i.htm EX-99.(A)(1)(I) EX-99.(a)(1)(i) Table of Contents (a)(1)(i) Offer to Purchase Up to 10% of the Issued and Outstanding Shares of Common Stock of BlackRock Debt Strategies Fund, Inc. at 98% of Net Asset Value Per Share by BlackRock Debt Strategies Fund, Inc. in Exchange for Cash THE OFFER TO PURCHASE WILL EXPIRE AT 5:00 P.M., EASTERN TIME, ON APRIL 17, 2018, UNLESS THE OFFER IS EXTENDED. To the Common Stockholders o...
txn_type = TENDER_OFFER...may be directed to Georgeson LLC, the Information Agent for the Tender Offer, toll free at (877) 278-9670. Important Notice This press release is for informational purposes only and shall not constitute an offer or a solicitation to buy any common shares. The offer to purchase Fund common shares was made only pursuant to an offer on Schedule TO. Common stockholders may obtain a free copy of the offer to purchase and other documents filed with the SEC at the website maintained by the SEC at www.sec.gov or by directing such requests to the Fund. About the Fund The Fund is a diversified, closed-end investment com...
The filings
| Filed | Form | Role | On EDGAR |
|---|---|---|---|
| 2018-03-16 | SC TO-I | original (governing) | View |
| 2018-04-19 | SC TO-I/A | amendment | View |