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Dreyfus Municipal Bond Closed-End Funds Announce Final Results of 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: 7/19 06:30 am Check Earnings Report
PDF NEW YORK--(BUSINESS WIRE)-- The Dreyfus Corporation and each of the Dreyfus municipal bond closed-end funds listed below (each, the "Fund" and collectively, the "Funds") announced today the final results of the previously announced 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 the expiration date of each Tender Offer. The Funds' Tender Offers expired on February 28, 2018 at 5:00 p.m. Eastern Standard Time. All ARPS that were validly tendered and not withdrawn during the offering period have been accepted for payment. ARPS that were not tendered will remain outstanding. The ARPS being repurchased by each Fund are as follows: Ticke [Read more]

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