Company: BLE
Filing Date: 2025-02-28
Form Type: N-23C-2
Source: 0001193125-25-042160
Chunk: 0

Company: BLACKROCK MUNICIPAL INCOME TRUST II
Filing Date: 2025-02-28
Form: N-23C-2
Chunk 0
---
### SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549

NOTIFICATION OF REDEMPTION OF SECURITIES PURSUANT TO

RULE 23c-2UNDER THE INVESTMENT COMPANY ACT OF 1940

Investment Company Act File No. 811-21126

### BLACKROCK MUNICIPAL INCOME TRUST II
(Name of Registrant)

100 Bellevue Parkway

Wilmington, Delaware 19809

(Address of Principal Executive Offices)

Registrant’s Telephone Number, including Area Code: (800) 441-7762

The undersigned registered closed-end investment company hereby notifies the Securities and Exchange Commission (the
“Commission”) that it may redeem securities of which it is the issuer, as set forth below in accordance with the requirements of Rule 23c-2 under the Investment Company Act of 1940 (the
“Act”), and states that it is filing this notice with the Commission at least 30 days prior to the date set for the redemption.

| (1) | Title of the class of securities of BlackRock Municipal Income Trust II (the “Fund”) to be 
 redeemed:                                                                                  |

Series W-7 Variable Rate Muni Term Preferred Shares, par value $0.001 per share,
liquidation preference of $100,000 per share (the “Series W-7 VMTP Shares”) (CUSIP #: 09249N705).

| (2) | The date on which the securities are to be called or redeemed: |

The Fund may redeem the Series W-7 VMTP Shares on one or more occasions during the period from April 1, 2025 to
October 1, 2025.

| (3) | The applicable provisions of the governing instrument pursuant to which the securities are to be called or 
 redeemed:                                                                                                  |

The Series W-7 VMTP Shares are to be redeemed pursuant to Section 10(a) of
the Fund’s Statement of Preferences of Variable Rate Muni Term Preferred Shares (the “Statement”). Pursuant to Section 10(c) of the Statement, dividends on the Series W-7 VMTP Shares will
cease to accumulate from and after the date of redemption.

| (4) | The principal amount or number of shares and the basis upon which the securities to be redeemed are to be 
 selected:                                                                                                 |

The Fund may redeem up to 67% (1,166 shares) of its currently outstanding Series
W-7 VMTP Shares.