formn23c_2.htm
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.


 
 
 

 
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 5th day of January, 2016.


 
BLACKROCK MUNICIPAL 2020 TERM TRUST
       
       
 
By:    
/s/ Neal J. Andrews
  
   
Name:  Neal J. Andrews
  
   
Title:   Chief Financial Officer
  

 
 
 
 

Annex A

Series
CUSIP
Redemption Date
Total Shares to be
Redeemed
Principal Amount to
be Redeemed
F-7
09249X406
January 25, 2016
150
$3,750,000
M-7
09249X208
January 26, 2016
150
$3,750,000
W-7
09249X307
January 28, 2016
150
$3,750,000