MFS High Yield Municipal Trust Announces Preliminary Results of Tender Offer
- None.
- None.
Based on current information, approximately 10,971,133.93 Shares were properly tendered and not withdrawn. Based on this preliminary information, the proration for a tendering shareholder is estimated to be approximately 25.82 percent of the shares properly tendered and not withdrawn. These numbers, including the estimated proration for a tendering shareholder, are subject to adjustment and should not be regarded as final. The actual number of shares to be purchased is anticipated to be announced on or about November 10, 2023, and payment for such shares will be made on or about November 10, 2023. The purchase price of properly tendered Shares is
The Fund’s information agent for the tender offer is Georgeson LLC and the depositary agent for the tender offer is Computershare Trust Company, N.A. Any questions with regard to the tender offer may be directed to the information agent toll-free at 1-866-541-3547.
About the Fund
The Fund is a closed-end investment company product advised by MFS Investment Management. Closed-end funds, unlike open-end funds, are not continuously offered. Except pursuant to a tender offer, common shares of the Fund are only available for purchase/sale on the NYSE at the current market price. Shares may trade at a discount to NAV. Shares of the Fund are not FDIC-insured and are not deposits or other obligations of, or guaranteed by, any bank. Shares of the Fund involve investment risk, including possible loss of principal. For more complete information about the Fund, including risks, charges, and expenses, please see the Fund's annual and semi-annual shareholder reports or contact your financial adviser.
About MFS Investment Management
In 1924, MFS launched the first
MFS Investment Management 111 Huntington Ave.,
View source version on businesswire.com: https://www.businesswire.com/news/home/20231106178514/en/
Media contacts: Dan Flaherty, +1 617.954.4256
For shareholders/advisors: Jeffrey Schwarz, +1 617.954.5872
Source: MFS Investment Management
FAQ
What is the ticker symbol for MFS High Yield Municipal Trust?
How many shares were tendered in the offer?