BlackRock Corporate High Yield Fund Raises $283 Million in Oversubscribed Rights Offering
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BlackRock Corporate High Yield Fund, Inc. (NYSE: HYT) has successfully completed an oversubscribed rights offering, raising approximately $283 million by issuing over 32 million shares at $8.68 each. The offering, which expired on January 26, 2026, aligns with the fund's investment objectives. Shares from this offering will be eligible for the monthly distribution expected in February 2026.
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