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Western Asset Municipal Partners - MNP STOCK NEWS

Welcome to our dedicated page for Western Asset Municipal Partners news (Ticker: MNP), a resource for investors and traders seeking the latest updates and insights on Western Asset Municipal Partners stock.

Western Asset Municipal Partners Fund Inc. (MNP) provides investors with tax-advantaged income through strategic municipal bond investments. This centralized news hub offers essential updates for monitoring the fund's performance and market positioning.

Access timely information on portfolio adjustments, earnings reports, and strategic initiatives following the Franklin Templeton merger. Our curated news collection helps investors understand MNP's approach to duration management, sector allocation, and credit analysis in evolving markets.

Key updates include regulatory filings, distribution announcements, and research insights from Western Asset's fixed-income experts. Track developments in high-yield municipal bond investments and sector diversification strategies without promotional bias.

Bookmark this page for ongoing access to objective updates about MNP's operations. Combine these resources with Franklin Templeton's official communications for comprehensive investment analysis.

News

Western Asset Managed Municipals Fund Inc. Announces Completion of Merger and Share Conversion Price

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Western Asset Managed Municipals Fund Inc. (NYSE: MMU) has completed its merger with Western Asset Municipal Partners Fund Inc. (NYSE: MNP). MNP stockholders have become MMU stockholders. The conversion ratio was 1.172960 MMU shares for each MNP share. MMU's post-Merger net assets totaled $594,862,631.61, with a NAV per common share of $10.8615. Previously announced distributions for MNP stockholders will be cancelled and replaced with MMU distributions. MMU also issued newly-issued shares of MMU's Series 2 Variable Rate Demand Preferred Stock to holders of MNP Series 1 Variable Rate Demand Preferred Stock. MNP's Auction Rate Cumulative Preferred Stock and MMU's ARPS were both redeemed prior to the Merger. MMU is a closed-end, non-diversified management investment company.
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Western Asset Managed Municipals Fund Inc., Western Asset Municipal Partners Fund Inc., Western Asset Intermediate Muni Fund Inc. Announce Results of Stockholder Votes at Special Meeting of Stockholders Relating to Proposed Mergers

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Western Asset Municipal Partners Fund Inc. (NYSE: MNP) announces merger with Western Asset Managed Municipals Fund Inc. (NYSE: MMU) approved by stockholders. Merger with Western Asset Intermediate Muni Fund Inc. (NYSE: SBI) not approved. Merger expected to be effective in mid-to-late October 2023. Upon completion of the merger, each share of MNP will convert into full shares of MMU based on net asset value. MMU will pay cash for fractional shares. ARPS for both MNP and MMU will be redeemed prior to the closing of the merger. VRDPS for MNP will be replaced with newly issued shares of MMU's VRDPS. MMU is a closed-end, non-diversified management investment company. SBI and MNP are diversified, closed-end management investment companies. Both managed by Legg Mason Partners Fund Advisor, LLC, and sub-advised by Western Asset Management Company, LLC. For more information, please call Investor Relations or visit the funds' websites.
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Western Asset Managed Muncipals Fund Inc. Announces Results of Special Meeting of Stockholders: Proposal to Merge is Approved

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Western Asset Managed Muncipals Fund Inc. (MMU) announces approval of merger with Western Asset Intermediate Muni Fund Inc. (SBI) and Western Asset Municipal Partners Fund Inc. (MNP). SBI and MNP adjourn their Special Meetings of Stockholders to permit further solicitation of proxies. The Mergers are adjourned to August 11, 2023. Stockholders of SBI and MNP will receive common stock of MMU if the Mergers are approved.
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Western Asset Municipal Partners Fund Inc. Announces Financial Position as of February 28, 2023

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Western Asset Intermediate Muni Fund Inc., Western Asset Municipal Partners Fund Inc. and Western Asset Managed Municipals Fund Inc. Announce Board Approval of Proposed Merger Plan

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Western Asset Municipal Partners Fund Inc. Announces Financial Position as of August 31, 2022

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Western Asset Municipal Partners Fund Inc. Announces Financial Position as of February 28, 2022

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Western Asset Municipal Partners Fund Inc. Announces Financial Position as of August 31, 2021

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Western Asset Municipal Partners Fund Inc. Announces Financial Position as of February 28, 2021

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Western Asset Municipal Partners Fund Inc. Announces Financial Position as of August 31, 2020

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