BlackRock Taxable Municipal Bond Trust signs standstill with Saba Capital until 2027

BlackRock Taxable Municipal Bond Trust

Saba agrees to standstill and to vote its shares per Board recommendation through 2027 annual meeting or Aug 31, 2027.
Saba restricted from proxy contests, trustee nominations, shareholder proposals, and short sales during effective period.
Fund and Advisor agree not to disparage Saba; exceptions for ECAT and ECAT/MUI litigation.
Agreement may be terminated earlier by mutual consent or after 10-day cure for material breach.

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