NEW YORK–(BUSINESS WIRE)–BlackRock Advisors, LLC announced today that the Board of Trustees of
BlackRock Defined Opportunity Credit Trust (NYSE:BHL) (the Trust)
approved the adoption of a Plan of Liquidation and the termination of
the Trust on or before August 31, 2017, consistent with the Trusts
investment objectives. The Trusts investment objectives and policies
are not designed to seek to return to investors the initial offering
price per common share on the termination date. Under the Plan of
Liquidation, which is effective as of January 1, 2017, the Trust will
begin the process of liquidating portfolio assets and unwinding its
affairs in preparation for …
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