Eaton Vance Municipal Bond Fund Announces Final Results of Tender Offer
The final results of the Tender Offer based on a count by
Common
|
Common
|
Common
|
Pro-
|
Purchase
|
Number of
|
14,230,637 |
29,738,009 |
14,230,637 |
47.85333% |
|
56,922,547 |
* The number of common shares to be purchased divided by the number of common shares properly tendered. The pro-ration factor is subject to rounding adjustment to avoid the purchase of fractional shares. |
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** Equal to 98% of the relevant Fund’s net asset value (“NAV”) per share as of the close of regular trading on the |
Under the terms and conditions of the Tender Offer, if the number of common shares properly tendered exceeded the number of common shares offered to purchase, the Fund will purchase common shares properly tendered on a pro-rata basis (disregarding fractional shares). As indicated above, the Fund will purchase 47.85333% of the common shares properly tendered. The Fund will purchase the common shares accepted for payment as promptly as practicable.
The information agent for the Tender Offer is
About the Fund
Except for sales of shares pursuant to a tender offer, common shares of the Fund are available for purchase or sale only through secondary market trading at their current market price. Shares of closed-end funds (such as the Fund) often trade at a discount from their NAV. The market price of Fund shares may vary from NAV based on factors affecting the supply and demand for shares, such as Fund distribution rates relative to similar investments, investors’ expectations for future distribution changes, the clarity of the Fund’s investment strategy and future return expectations, and investors’ confidence in the underlying markets in which the Fund invests. Fund shares are subject to investment risk, including possible loss of principal invested. Fund shares are not
Eaton Vance is part of
About
About
Important Notice
This announcement is not a recommendation, an offer to purchase or a solicitation of an offer to sell shares of the Fund. The Tender Offer was made only by an offer to purchase, a related letter of transmittal and other documents filed with the
This press release is for informational purposes only and is not intended to, and does not, constitute an offer to purchase or sell shares of the Fund. Additional information about the Fund, including performance and portfolio characteristic information, is available at eatonvance.com.
Statements in this press release that are not historical facts are “forward-looking statements” as defined by the
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Investor Contact: (800) 262-1122
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