Templeton Global Income Fund Announces Final Results of Tender Offer
13 Novembro 2023 - 6:15PM
Business Wire
Templeton Global Income Fund (NYSE: GIM) (the “Fund”) today
announced final results of its tender offer (the "Tender Offer") to
purchase for cash up to 45% of its outstanding common shares (the
"Shares").
The Tender Offer, which expired on November 9, 2023 at 5:00 p.m.
Eastern Time, was oversubscribed.
Therefore, in accordance with the terms and conditions of the
Tender Offer, the Fund will purchase Shares from all tendering
shareholders on a pro rata basis, after disregarding fractions,
based on the number of Shares properly tendered (“Pro-Ration
Factor”). The final results of the Tender Offer are provided in the
table below.
Number of Shares
Tendered
Number of Tendered Shares to
be Purchased
Pro-Ration Factor
Purchase Price*
70,503,168
46,221,447
0.655593461
$4.19
* Equal to 99% of the Fund’s net asset value per Share as
determined as of the close of the regular trading session of the
New York Stock Exchange on November 9, 2023 (the day on which the
Tender Offer expired).
Questions regarding the Tender Offer may be directed to Campaign
Management LLC, the Information Agent for the Tender Offer, toll
free at 1-855-434-5243.
The offer to purchase and other documents filed by the Fund with
the U.S. Securities and Exchange Commission (SEC) are available
without cost at the SEC’s website at www.sec.gov or by calling
800-342-5236.
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version on businesswire.com: https://www.businesswire.com/news/home/20231113040859/en/
Longacre Square Partners Greg Marose / Kate Sylvester,
646-386-0091 gmarose@longacresquare.com /
ksylvester@longacresquare.com
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