BlackRock Credit Allocation Income Trust Announces Final Results of Tender Offer

BlackRock Credit Allocation Income Trust (the “Trust”) (NYSE: BTZ, CUSIP: 092508100) today announced the final results of the Trust’s tender offer (the “Tender Offer”) for up to 10% of its outstanding common shares of beneficial interest (the “Shares”). The Tender Offer, which expired at 5:00 p.m. Eastern time on February 3, 2020, was oversubscribed. Therefore, in accordance with the terms and conditions of the Tender Offer, the Trust will purchase Shares from all tendering stockholders...

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