Form N-23C-2 - Notice by closed-end investment companies of intent to purchase their own securities
March 01 2024 - 4:15PM
Edgar (US Regulatory)
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
NOTIFICATION
OF REDEMPTION OF SECURITIES PURSUANT TO
RULE 23c-2 UNDER THE INVESTMENT COMPANY ACT OF 1940
Investment Company Act File No. 811-21053
BLACKROCK VIRGINIA MUNICIPAL BOND TRUST
(Name of Registrant)
100 Bellevue
Parkway
Wilmington, Delaware 19809
(Address of Principal Executive Offices)
Registrants 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 Virginia Municipal Bond Trust (the Fund) to be
redeemed: |
Series W-7 Variable Rate Demand Preferred Shares, par value $0.001 per share,
liquidation preference of $100,000 per share (the Series W-7 VRDP Shares) (CUSIP #: 092481308).
(2) |
The date on which the securities are to be called or redeemed: |
The Fund may redeem the Series W-7 VRDP Shares on one or more occasions during the period from April 1, 2024 to
October 1, 2024.
(3) |
The applicable provisions of the governing instrument pursuant to which the securities are to be called or
redeemed: |
The Series W-7 VRDP Shares are to be redeemed pursuant to Part I,
Section 10(a) of the Funds Statement of Preferences of Variable Rate Demand Preferred Shares (the Statement), a form of which was most recently filed with the Commission on October 29, 2012, as an exhibit to the
Funds Form NSAR-B. Pursuant to Part I, Section 10(c) of the Statement, dividends on the Series W-7 VRDP 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 57% (66 shares) of its currently outstanding Series W-7
VRDP Shares. Such redemptions(s) will be made on a pro rata basis among the Holders of the Series W-7 VRDP Shares. Holders of the Series W-7 VRDP Shares will receive the
liquidation preference of $100,000 per share, together with accumulated and unpaid dividends through the date of redemption. All of the Series W-7 VRDP Shares are held in book-entry form through the Depository
Trust Company (DTC), and such shares being redeemed will be redeemed in accordance with the procedures of DTC. Payment by the Fund of the Redemption Price (as defined in the Statement) will be made to The Bank of New York Mellon, as
tender and paying agent for the Series W-7 VRDP Shares.
SIGNATURE
Pursuant to the requirement of Rule 23c-2 of the Investment Company Act of 1940, the BlackRock Virginia Municipal Bond
Trust has duly caused this Notification of Redemption of Securities to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of New York, and the State of New York, on the
1st day of March, 2024.
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BLACKROCK VIRGINIA MUNICIPAL BOND TRUST |
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By: |
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/s/ Jonathan Diorio |
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Name: |
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Jonathan Diorio |
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Title: |
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Vice President |
[Signature Page BHV 23c-2 Notice]
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