ClearBridge MLP and Midstream Fund Inc. Announces Tender Offer Details
ClearBridge MLP and Midstream Fund Inc. (CEM)
US:NYSE Investor Relations:
leggmason.com/en-us/products/closed-end-funds/clearbridge-energy-mlp-fund-inc.html
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)--ClearBridge MLP and Midstream Fund Inc. (NYSE: CEM) announced today additional details concerning its previously announced cash tender offer for up to 50% of such Fund’s outstanding shares of common stock (“Shares”) at a price per share equal to 100% of the Fund’s net asset value per Share on the day on which the tender offer expires (the “Offer”). In the event the tender offer is oversubscribed, Shares will be repurchased on a pro rata basis. The Fund commenced the Offer today, May 21, 2024, with an expiration time of 5:00 p.m., New York City time, on June 20, 2024, unless extended. To ensure the Fund can pay proceeds for repurchased Shares promptly after the expiration of the Offer, the Fund intends to reposition its portfolio in an orderly manner in advance of the expiration of the Offer.This announcement is not a recommendation, an offer to purchase or a solicitation of an offer to purchase shares of the Fund and the statements in this press release
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News
- ClearBridge MLP And Midstream Fund Inc. Announces Final Results of Issuer Tender Offer for Common Stock and Anticipated Date of MergerBusiness Wire
- CEM: A Good Midstream Fund, If The Yield Is High Enough For You [Seeking Alpha]Seeking Alpha
- ClearBridge MLP and Midstream Fund Inc. Announces Unaudited Balance Sheet Information as of May 31, 2024Business Wire
- ClearBridge MLP and Midstream Fund Inc. Announces Unaudited Balance Sheet Information as of April 30, 2024Business Wire
- Franklin Templeton Fund Adviser, LLC Announces Distributions for the Month of May 2024Business Wire
CEM
Sec Filings
- 6/11/24 - Form 4
- 6/11/24 - Form 3
- 6/11/24 - Form SC
- CEM's page on the SEC website