NYLI MacKay DefinedTerm Muni Opportunities Fund Announces Final Results of Tender Offer
NYLI MacKay DefinedTerm Muni Opportunities Fund Common Shares (MMD)
US:NYSE Investor Relations:
nylinvestments.com/mainstayclosedendfund
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)--NYLI MacKay DefinedTerm Muni Opportunities Fund (NYSE: MMD) (the “Fund”) today announced the final results of a tender offer.As previously announced, the Fund conducted a tender offer allowing shareholders to offer up to 100% of their shares for repurchase for cash at a price per share equal to 100% of the net asset value per share determined on the date the tender offer expires. The tender offer expired on November 14, 2024, at 5:00 p.m. Eastern time.In the tender offer, 9,147,341 common shares were tendered, representing approximately 32.8% of the Fund’s common shares outstanding. Properly tendered shares will be repurchased as promptly as practicable at $16.89 per share, which was the NAV of the Fund as of the close of ordinary trading on the New York Stock Exchange on the expiration date, November 14, 2024. Shareholders participating in the tender offer will not receive the November or December 2024 monthly distributions on tendered shares. The antic
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News
- NYLI MacKay DefinedTerm Muni Opportunities Fund Declares Monthly Dividend Distributions for December 2024Business Wire
- NYLI MacKay DefinedTerm Muni Opportunities Fund Announces Preliminary Results of Tender OfferBusiness Wire
- NYLI MacKay DefinedTerm Muni Opportunities Fund Declares Monthly Dividend Distributions for November 2024Business Wire
- NYLI MacKay DefinedTerm Muni Opportunities Fund Announces Commencement of Tender OfferBusiness Wire
- NYLI Mackay DefinedTerm Municipal Opportunities Fund Declares Monthly Dividend Distributions for October 2024Business Wire
MMD
Sec Filings
- 11/21/24 - Form 4
- 11/19/24 - Form SC
- 11/15/24 - Form SC
- MMD's page on the SEC website