Western Asset Global Corporate Defined Opportunity Fund Inc. Announces Final Results of Issuer Tender Offer for Common Stock and Elimination of Term
Western Asset Global Corporate 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 the expiration and final results for its issuer tender offer for up to 100% of the outstanding shares of common stock (“Shares”) of the Fund (the “Tender Offer”). The Tender Offer expired on Tuesday, October 1, 2024 at 5:00 p.m., New York City time.Based on current information, approximately 7,429,768 Shares were duly tendered and not withdrawn, representing approximately 49.70% of the Fund’s common shares outstanding. The Shares accepted for tender were repurchased at a price of $12.96 per Share, equal to 100% of the per Share net asset value as of the close of the regular trading session of the New York Stock Exchange on October 1, 2024. Shares that were not tendered will remain outstanding. Following the Tender Offer, the Fund will have approximately total net assets of $97.4 million.Payment for such Shares will be made on or about October 7, 2024. Sh
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Sec Filings
- 12/19/24 - Form NPORT-P
- 12/11/24 - Form 3
- 11/22/24 - Form 3
- GDO's page on the SEC website