Company: BLE
Filing Date: 2025-04-07
Form Type: N-CSRS
Source: 0001193125-25-074469
Chunk: 62

Company: BLACKROCK MUNICIPAL INCOME TRUST II
Filing Date: 2025-04-07
Form: N-CSRS
Chunk 62
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standing Shares | Purchase Price | Total Amount ofPurchases |
| 07/22/24                                  | 08/22/24      |               26,471,815 |                                               41.7% |                         1,586,158 |                                                         2.5% |        $7.9086 |              $12,544,289 |
| 10/18/24                                  | 11/21/24      |               26,002,760 |                                                42.0 |                         1,546,504 |                                                          2.5 |         7.8400 |               12,124,592 |
| 01/22/25                                  | 02/24/25      |               23,258,037 |                                                38.6 |                         1,507,842 |                                                          2.5 |         7.6734 |               11,570,275 |

| (a) | Date the tender offer period began. |

Preferred Shares

A Fund ’ s Preferred Shares rank prior to its Common Shares as to the payment of dividends by the Fund and distribution of assets upon dissolution or liquidation of the Fund. The 1940 Act prohibits the declaration of any dividend on Common Shares or the repurchase of Common Shares if the Fund fails to maintain asset coverage of at least 200% of the liquidation preference of the Fund ’ s outstanding Preferred Shares. In addition, pursuant to the Preferred Shares ’ governing instruments, a Fund is restricted from declaring and paying dividends on classes of shares ranking junior to or on parity with its Preferred Shares or repurchasing such shares if the Fund fails to declare and pay dividends on the Preferred Shares, redeem any Preferred Shares required to be redeemed under the Preferred Shares’ governing instruments or comply with the basic maintenance amount requirement of the ratings agencies rating the Preferred Shares.

Holders of Preferred Shares have voting rights equal to the voting rights of holders of Common Shares (one vote per share) and vote together with holders of Common Shares (one vote per share) as a single class on certain matters. Holders of Preferred Shares, voting as a separate class, are also entitled to (i) elect two members of the Board, (ii) elect the full Board if dividends on the Preferred Shares are not paid for a period of two years and (iii) a separate class vote to amend the Preferred Share governing documents. In addition, the 1940 Act requires the approval of the holders of a majority of any outstanding Preferred Shares