SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

RULE 23C-2 NOTICE OF INTENTION TO REDEEM SECURITIES

of

BlackRock Municipal 2020 Term Trust

100 Bellevue Parkway

Wilmington, DE 19809

(888) 825-2257

under the

Investment Company Act of 1940

Investment Company Act File No. 811-21181

 

 

 

1.	Title of the class of securities of BlackRock Municipal 2020 Term Trust (the “Fund”) to be redeemed:

Auction Preferred Shares, liquidation preference $25,000 per share, as identified by series and CUSIP in Annex A hereto (the “Shares”).

 

2.	The date on which the securities are to be called or redeemed:

See Annex A for the dates on which Shares of each series are to be redeemed (the “Redemption Date”).

 

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

The Shares are to be redeemed pursuant to Section 11(a)(i) of the Fund’s Statement of Preferences.

 

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

The Fund will redeem a portion of its outstanding Shares. See Annex A for information concerning the number of Shares of each series and the aggregate principal amount of Shares of each series to be redeemed.

 

 

 

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SIGNATURE

Pursuant to the requirement of Rule 23c-2 of the Investment Company Act of 1940, the Fund has duly caused this Notice of Intention to Redeem Securities to be signed on its behalf by the undersigned on this 15^th day of December, 2016.

 

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Annex A

 

Series		CUSIP		Redemption Date		Total Shares to be Redeemed		Principal Amount to be Redeemed
F-7		09249X406		January 9, 2017		80		$	2,000,000
M-7		09249X208		January 10, 2017		80		$	2,000,000
W-7		09249X307		January 5, 2017		80		$	2,000,000

 

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