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BlackRock Capital Allocation Term Trust raises $43M via 1-for-5 rights offering at $13.30 per share.

Company Fundamentals
05 Nov 2026, 18:51 WIB
Seeking Alpha
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Neutral
BlackRock Capital Allocation Term Trust raises $43M via 1-for-5 rights offering at $13.30 per share.

BlackRock Capital Allocation Term Trust announced a 1-for-5 rights offering, issuing about 3.3 million new shares at $13.30 each, raising approximately $43 million. The subscription price was slightly below market value, leading to a modest uptake of 15.5% of the offered shares and minimal NAV dilution of about -0.05%. The share price premium fluctuated around the offering period but recovered shortly after. BlackRock covered all offering expenses, and the capital raise aims to support the trust's investment activities going forward.

BlackRock Capital Allocation Term Trust's rights offering is presented here with Pluang's Financials sector market data as context. For readers following Financials, of 142 priced US stocks tradable on Pluang, 23 rose and 118 fell. Notable movers include OXLC at USD 4.99 with a -23.47% change, SEZL at USD 162.74 with +19.06%, and AVAT at USD 0.80 with -15.40%. This data is as of Nov 05, 2026 23:41 WIB.

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