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Dreyfus Municipal Bond Closed-End Funds Commence Issuer Tender Offers for Outstanding Auction Rate Preferred Stock

BANK of NEW YORK MELLON (BK)  More Company Research Source: Business Wire
Last bank of new york mellon earnings: 4/19 06:30 am Check Earnings Report
PDF NEW YORK--(BUSINESS WIRE)-- The Dreyfus Corporation announced today that each of the Dreyfus municipal bond closed-end funds listed below (each, the "Fund" and, collectively, the "Funds") announced today that the Fund commenced an issuer tender offer (each, a "Tender Offer") to purchase up to 100% of the Fund's outstanding auction rate preferred stock ("ARPS") at a price per share equal to 95% of the liquidation preference of $25,000 per share (or $23,750 per share), plus any unpaid ARPS dividends accrued through February 28, 2018, the expiration date of each Tender Offer, or such later date to which such Tender Offer is extended.       Fund   Ticker Symbol Dreyfus Strategic Municipals, Inc.(Series M, Series T, Series W, Serie [Read more]

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