BlackRock 2022 Global Income Opportunity Trust (BGIO) Announces Final Liquidating Distribution

Rhea-AI Summary

BlackRock Advisors announced the final liquidating distribution for the BlackRock 2022 Global Income Opportunity Trust (BGIO). Following a liquidating trust agreement initiated in December 2021, BGIO will distribute $0.045090 per share to common shareholders on December 29, 2022. This distribution adds to a total of $9.2822 per share distributed since the Fund's liquidation plan began on June 30, 2021. BGIO achieved an annualized total return of 4.9% on NAV since inception, having paid $11.87 per share in distributions, including liquidating ones.

Positive

• Total liquidating distributions reached $9.2822 per share.
• Annualized total return of 4.9% on NAV since inception.
• Total distributions of $11.87 per share since inception.

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- BlackRock Advisors, LLC today announced details related to the final liquidating distribution of BlackRock 2022 Global Income Opportunity Trust (formerly NYSE: BGIO) (the “Fund”). In accordance with the Fund's Plan of Liquidation, the Fund entered into a liquidating trust agreement with BGIO Liquidating Trust in December 2021 for the purpose of completing the final wind-up of the Fund's affairs and liquidation of its assets. On December 28, 2021, the Fund distributed to its common shareholders a per share cash liquidating distribution plus a 1:1 per share interest in BGIO Liquidating Trust.

On December 29, 2022, BGIO Liquidating Trust will distribute $0.045090 per share in a final cash liquidating distribution to shareholders who received the liquidating distribution and interest in BGIO Liquidating Trust on December 28, 2021. This final cash liquidating distribution is in addition to proceeds previously paid by the Fund to shareholders.

Distribution summary

Since the adoption of its plan of liquidation on June 30, 2021, BGIO has declared a total of $9.2822 per share in liquidating distributions, including the $0.05 regular monthly distribution per share:

Pay Date	Regular Distribution	Special Distribution	Total Liquidating Distribution
7/30/2021	$0.05	$1.105700	$1.155700
8/31/2021	$0.05	$1.343000	$1.393000
9/30/2021	$0.05	$1.490200	$1.540200
10/29/2021	$0.05	$0.444100	$0.494100
11/30/2021	$0.05	$2.017400	$2.067400
12/28/2021	-	$2.586700	$2.586700
12/29/2022	-	$0.045090	$0.045090
	Total Liquidating Distributions:		$9.282190

BGIO delivered an annualized total return of 4.9% on net asset value since inception through November 30, 2021. The fund paid $11.87 per share in distributions since inception (including liquidating distributions).

BlackRock does not provide tax advice. Shareholders should consult their tax advisor regarding applicable tax consequences to them resulting from the ownership and operation of the BGIO Liquidating Trust and the tax treatment applicable to distributions by the BGIO Liquidating Trust.

About BlackRock

BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

Forward-Looking Statements

This press release, and other statements that BlackRock or the Fund may make, may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to a Fund’s or BlackRock’s future financial or business performance, strategies or expectations. Forward-looking statements are typically identified by words or phrases such as “trend,” “potential,” “opportunity,” “pipeline,” “believe,” “comfortable,” “expect,” “anticipate,” “current,” “intention,” “estimate,” “position,” “assume,” “outlook,” “continue,” “remain,” “maintain,” “sustain,” “seek,” “achieve,” and similar expressions, or future or conditional verbs such as “will,” “would,” “should,” “could,” “may” or similar expressions.

BlackRock cautions that forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time. Forward-looking statements speak only as of the date they are made, and BlackRock assumes no duty to and does not undertake to update forward-looking statements. Actual results could differ materially from those anticipated in forward-looking statements and future results could differ materially from historical performance.

With respect to the Fund, the following factors, among others, could cause actual events to differ materially from forward-looking statements or historical performance: (1) changes and volatility in political, economic or industry conditions, the interest rate environment, foreign exchange rates or financial and capital markets, which could result in changes in the value of any assets remaining in the Fund’s liquidating trust; (2) the relative and absolute investment performance of any assets remaining in the Fund’s liquidating trust; (3) the unfavorable resolution of any legal proceedings; (4) the extent and timing of any distributions; (5) the impact, extent and timing of technological changes; (6) the impact of legislative and regulatory actions and reforms, and regulatory, supervisory or enforcement actions of government agencies relating to the Fund or BlackRock, as applicable; (7) terrorist activities, international hostilities, health epidemics and/or pandemics and natural disasters, which may adversely affect the general economy, domestic and local financial and capital markets, specific industries or BlackRock; (8) BlackRock’s ability to attract and retain highly talented professionals; (9) the impact of BlackRock electing to provide support to its products from time to time; and (10) the impact of problems at other financial institutions or the failure or negative performance of products at other financial institutions.

Annual and Semi-Annual Reports and other regulatory filings of the Fund with the Securities and Exchange Commission (“SEC”) are accessible on the SEC's website at www.sec.gov and on BlackRock’s website at www.blackrock.com, and may discuss these or other factors that affect the Fund. The information contained on BlackRock’s website is not a part of this press release.

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Source: BlackRock Closed-End Funds

FAQ

What is the final distribution amount for BGIO shareholders?

BlackRock will distribute $0.045090 per share to BGIO shareholders on December 29, 2022.

How much has BGIO distributed per share since its liquidation plan began?

Since the liquidation plan started on June 30, 2021, BGIO has declared a total of $9.2822 per share in liquidating distributions.

What was BGIO's annualized total return on net asset value?

BGIO delivered an annualized total return of 4.9% on net asset value since inception through November 30, 2021.