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Stock impact report

Saba Capital Reaches Agreements with Three Invesco Closed-End Funds

Invesco Senior Income Trust (DE) (VVR) 
Company Research Source: Business Wire
Invesco Senior Income Trust, Invesco High Income Trust II, and Invesco Dynamic Credit Opportunities Fund to Commence Tender Offers NEW YORK--(BUSINESS WIRE)-- Saba Capital Management, L.P. and certain associated parties (collectively “Saba”) today issued the following statement regarding agreements with Invesco Senior Income Trust (NYSE: VVR), Invesco High Income Trust II (NYSE: VLT), and Invesco Dynamic Credit Opportunities Fund (NYSE: VTA) (“Invesco” or the “Funds”). “Saba is pleased to have reached these agreements through constructive engagement with the Invesco boards,” said Pierre Weinstein, Partner and Portfolio Manager at Saba. “We believe the tender offers contemplated by the agreements will benefit all shareholders by providing them the opportunity to tender their shares at a price close to the Funds’ respective net asset values.” Under the terms of the agreements, prior to Janu Show less Read more
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