Western Asset Global Corporate Defined Opportunity Fund Inc. Announces Tender Offer Details
Western Asset Global Corporate Defined Opportunity Fund Inc. Western Asset Global Corporate Defined Opportunity Fund Inc. (GDO)
US:NYSE Investor Relations:
leggmason.com/en-us/products/closed-end-funds/western-asset-global-corporate-defined-opportunity-fund-inc.html
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE: GDO) (the “Fund”) announced today additional details concerning its previously announced cash tender offer for up to 100% 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”). The Fund expects the Offer to commence on or about September 3, 2024, with an expiration time of 5:00 p.m., New York City time, on or about October 1, 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.As previously announced on June 11, 2024, stockholders approved the proposal to convert the Fund to a perpetual fund by eliminating the Fund’s term, which was scheduled to end at the close of busin
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GDO
News
- GDO: Now A Perpetual CEF With A New Name [Seeking Alpha]Seeking Alpha
- Western Asset Global Corporate Defined Opportunity Fund Inc. Announces Final Results of Issuer Tender Offer for Common Stock and Elimination of TermBusiness Wire
- Western Asset Global Corporate Defined Opportunity Fund Inc. Announces Financial Position as of July 31, 2024Business Wire
GDO
Sec Filings
- 9/26/24 - Form NPORT-P
- 9/3/24 - Form SC
- 9/3/24 - Form SC
- GDO's page on the SEC website