BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. Announces Dates of Quarterly Tender Offer
BNY Alcentra Global Multi-Strategy Credit Fund has announced a quarterly tender offer for 2.5% of its outstanding shares as of December 31, 2024. The tender offer will commence on January 17, 2025, and expire on February 18, 2025, at 5:00 p.m. Eastern Time. Shares will be purchased at the net asset value per share determined as of December 31, 2024.
The Fund will file tender offer documents with the SEC, which will be made available to shareholders. Georgeson has been appointed as the Fund's Tender Offer information agent, accessible toll-free at (877) 278-9670. The Fund is managed by BNY Investment Adviser, part of BNY Investments, which manages $2.1 trillion in assets as of September 30, 2024. BNY itself has $52.1 trillion in assets under custody and/or administration.
Il BNY Alcentra Global Multi-Strategy Credit Fund ha annunciato un'offerta pubblica di acquisto trimestrale per il 2,5% delle sue azioni in circolazione al 31 dicembre 2024. L'offerta inizierà il 17 gennaio 2025 e scadrà il 18 febbraio 2025, alle 17:00 ora orientale. Le azioni saranno acquistate al valore netto dell'attivo per azione determinato al 31 dicembre 2024.
Il Fondo presenterà i documenti dell'offerta alla SEC, che saranno resi disponibili agli azionisti. Georgeson è stato nominato agente per le informazioni sull'offerta del Fondo, accessibile gratuitamente al numero (877) 278-9670. Il Fondo è gestito da BNY Investment Adviser, parte di BNY Investments, che gestisce $2,1 trilioni in attivi al 30 settembre 2024. BNY stesso ha $52,1 trilioni in attivi sotto custodia e/o amministrazione.
BNY Alcentra Global Multi-Strategy Credit Fund ha anunciado una oferta pública trimestral para el 2.5% de sus acciones en circulación al 31 de diciembre de 2024. La oferta comenzará el 17 de enero de 2025 y expirará el 18 de febrero de 2025, a las 5:00 p.m. hora del Este. Las acciones se comprarán al valor neto de los activos por acción determinado al 31 de diciembre de 2024.
El Fondo presentará documentos de la oferta a la SEC, que estarán disponibles para los accionistas. Se ha designado a Georgeson como agente de información sobre la oferta del Fondo, accesible de forma gratuita al (877) 278-9670. El Fondo es administrado por BNY Investment Adviser, parte de BNY Investments, que gestiona $2.1 billones en activos a partir del 30 de septiembre de 2024. BNY por su parte tiene $52.1 billones en activos bajo custodia y/o administración.
BNY 알센트라 글로벌 멀티 전략 신용 펀드는 2024년 12월 31일 기준으로 발행된 주식의 2.5%에 대한 분기별 공개 매수를 발표했습니다. 매수 제안은 2025년 1월 17일 시작되며, 2025년 2월 18일 오후 5시(동부 표준시)에 종료됩니다. 주식은 2024년 12월 31일 기준으로 정해진 주당 순자산가치로 구매됩니다.
펀드는 SEC에 매수 제안 문서를 제출하며, 이는 주주에게 제공될 예정입니다. 조지소는 펀드의 매수 제안 정보 대리인으로 임명되었으며, 무료로 (877) 278-9670에 접속하실 수 있습니다. 이 펀드는 BNY 투자 자문에 의해 관리되며, 이는 2024년 9월 30일 기준으로 2.1조 달러의 자산을 관리하는 BNY Investments의 일부입니다. BNY 자체는 52.1조 달러의 자산을 보관 및/또는 관리하고 있습니다.
Le BNY Alcentra Global Multi-Strategy Credit Fund a annoncé une offre de rachat trimestrielle pour 2,5 % de ses actions en circulation au 31 décembre 2024. L'offre commencera le 17 janvier 2025 et expirera le 18 février 2025 à 17h00, heure de l'Est. Les actions seront achetées à la valeur nette d'inventaire par action déterminée au 31 décembre 2024.
Le Fonds déposera des documents d'offre auprès de la SEC, qui seront mis à la disposition des actionnaires. Georgeson a été nommé agent d'information sur l'offre du Fonds, accessible sans frais au (877) 278-9670. Le Fonds est géré par BNY Investment Adviser, qui fait partie de BNY Investments, gérant 2,1 billions de dollars d'actifs au 30 septembre 2024. BNY possède 52,1 billions de dollars d'actifs sous garde et/ou en administration.
Der BNY Alcentra Global Multi-Strategy Credit Fund hat ein vierteljährliches Rückkaufangebot für 2,5% seiner ausgegebenen Aktien zum 31. Dezember 2024 angekündigt. Das Rückkaufangebot beginnt am 17. Januar 2025 und endet am 18. Februar 2025 um 17:00 Uhr Eastern Time. Aktien werden zum Nettoinventarwert pro Aktie, der zum 31. Dezember 2024 ermittelt wurde, gekauft.
Der Fonds wird Rückkaufunterlagen bei der SEC einreichen, die den Aktionären zur Verfügung gestellt werden. Georgeson wurde als Informationsagent des Fonds für das Rückkaufangebot ernannt und ist gebührenfrei unter (877) 278-9670 erreichbar. Der Fonds wird von BNY Investment Adviser verwaltet, der Teil von BNY Investments ist, das zum 30. September 2024 2,1 Billionen Dollar an Vermögenswerten verwaltet. BNY selbst verwaltet 52,1 Billionen Dollar an verwahrten und/oder verwalteten Vermögenswerten.
- Regular quarterly tender offer provides liquidity opportunity for shareholders
- Fund is backed by BNY's substantial AUM of $2.1 trillion
- Parent company BNY has strong financial position with $52.1 trillion in assets under custody
- tender offer size of only 2.5% of outstanding shares may restrict exit opportunities for larger shareholders
Number of Shares |
|
Commencement Date |
January 17, 2025 |
Expiration Date and Time |
February 18, 2025 at 5:00 p.m. Eastern Time, unless otherwise extended |
Price |
Net asset value per share determined as of December 31, 2024 |
The terms and conditions of the Tender Offer will be set forth in the Fund's Offer to Purchase, the related Letter of Transmittal and other related documents. As soon as the Tender Offer commences, the Fund will file with the Securities and Exchange Commission (the "SEC") a tender offer statement on Schedule TO and related exhibits, including an Offer to Purchase, a related Letter of Transmittal and other related documents (the "Offer Documents").
This announcement is for informational purposes only and is not a recommendation, an offer to purchase or a solicitation of an offer to sell shares of the Fund. The Offer Documents will be distributed to Fund shareholders. Shareholders may obtain additional copies of the Offer Documents, when available, without charge, by contacting Georgeson LLC, the Fund's Tender Offer information agent, toll free at (877) 278-9670. Shareholders can also obtain the Offer Documents, when filed, free of charge on the SEC's website at www.sec.gov. Shareholders should read these documents and related exhibits carefully as the documents contain important information about the Fund's Tender Offer.
If you have questions about the Tender Offer and hold the Fund's shares through a broker or other nominee holder, you can call your broker or other nominee holder directly. You may also call Georgeson LLC, the Fund's Tender Offer information agent, toll free at (877) 278-9670, with any questions.
The Tender Offer will not be made to, nor will tenders pursuant to the Tender Offer be accepted from or on behalf of, shareholders in any jurisdiction in which making or accepting the Tender Offer would violate that jurisdiction's laws.
BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. is a diversified, closed-end management investment company. BNY Mellon Investment Adviser, Inc., the investment adviser for the Fund, is part of BNY Investments. BNY Investments is one of the world’s largest asset managers, with
BNY Investments is a division of BNY, which has
The Fund's investment returns and principal values will fluctuate so that an investor's shares may be worth more or less than the original cost. There is no assurance that the Fund will achieve its investment objective.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250110723945/en/
For Press Inquiries:
BNY Mellon Investment Adviser, Inc.
Jessica Greaney
jessica.greaney@bny.com
Taylor Ventrice
taylor.ventrice@bny.com
For Other Inquiries:
BNY Mellon Securities Corporation
The National Marketing Desk
240 Greenwich Street
1-800-334-6899
Source: BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc.
FAQ
What is the size of BNY's (BK) latest tender offer for its Alcentra Global Multi-Strategy Credit Fund?
When does BNY's (BK) Alcentra Fund tender offer expire?
What is the purchase price for shares in BNY's (BK) Alcentra Fund tender offer?
How much assets under management does BNY Investments (BK) have as of September 2024?
Who should shareholders contact for information about BNY's (BK) Alcentra Fund tender offer?
