Eaton Vance Municipal Bond Fund Announces Tender Offer to Purchase up to 5% of Outstanding Shares
Eaton Vance Municipal Bond Fund Common Shares of Beneficial Interest, $.01 par value (EIM)
NASDAQ:AMEX Investor Relations:
funds.eatonvance.com/municipal-bond-fund-eim.php
Company Research
Source: Business Wire
BOSTON--(BUSINESS WIRE)--Eaton Vance Municipal Bond Fund (NYSE American: EIM) (the “Fund”) previously announced that the Fund will conduct a tender offer for up to 5% of the Fund’s then-outstanding common shares if, during the four-month measurement period beginning July 9, 2024 through November 8, 2024, the Fund’s common shares trade at an average discount to net asset value (“NAV”) of more than 7.5% (based upon the average of the difference between its volume-weighted average market price and NAV each business day during the period) (the “First Trigger Event”). The Fund has determined that the conditions of the First Trigger Event have been met. Accordingly, the Fund expects to commence a tender offer on or about December 10, 2024, with the expiration of the tender offer currently anticipated to be on or about January 9, 2025 (the “Tender Offer”). The Tender Offer will be for up to 5% of the Fund’s then-outstanding common shares at 98% of NAV per share as of the close of regular
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Sec Filings
- 11/21/24 - Form 4
- 11/19/24 - Form NPORT-P
- 11/18/24 - Form 4
- EIM's page on the SEC website