BlackRock Closed-End Fund Announces Variable Rate Preferred Shares Action

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May 22, 2020
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BlackRock Advisors, LLC announced today that BlackRock Muni New York Intermediate Duration Fund, Inc. (NYSE:MNE, Financial) (the “Fund”) intends to redeem all of its outstanding Series W-7 Variable Rate Demand Preferred Shares, par value $0.10 per share (“VRDP Shares”), on June 10, 2020, at a redemption price equal to the liquidation preference of $100,000 per share, together with accumulated and unpaid dividends through the day prior to the redemption date.