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BlackRock Advisors, LLC has announced the successful pricing and placement of $175 million in Variable Rate Demand Preferred Shares (VRDP) for BlackRock MuniAssets Fund, Inc. (NYSE: MUA). The issuance, consisting of 1,750 shares with a liquidation preference of $100,000 each, aims to enhance the Fund's leverage and is expected to be accretive to earnings. The VRDP is rated Aa2 and is part of an offering exempt from registration under the Securities Act of 1933.
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