AllianceBernstein National Municipal Income Fund, Inc. And Alliance California Municipal Income Fund, Inc. Announce Updates Regarding Tender Offer For Auction Preferred Shares
ALLIANCE CA MUNI INCOME C (AKP)
US:NYSE Investor Relations:
alliancebernstein.com/abcom/product_center/3_vehicle/mf/closedend/alliance_california_muni_income.htm?shareclass=
Company Research
Source: PR Newswire
NEW YORK, Nov. 9, 2018 /PRNewswire/ -- AllianceBernstein National Municipal Income Fund, Inc. ("ANMIF" - NYSE: AFB) (the "Fund") announced today that it commenced a voluntary tender offer to purchase up to 100% of its outstanding auction preferred shares ("APS") at a price per share equal to 98.75% of the liquidation preference of $25,000 per share (or $24,687.50 per share), plus any unpaid dividends accrued through the expiration date of the tender offer. The Fund's tender offer will expire on December 13, 2018, at 5:00 p.m. Eastern Time (or such later date to which the tender offer is extended). If the offer is extended beyond December 13, 2018, another press release will be issued to provide notification of the extension. Additional terms and conditions of the Fund's tender offer are set forth in the Fund's tender offer materials, which have been filed with the Securities and Exchange Commission ("SEC") and will be distributed to APS holders.The Fund's tender offer will be condit
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