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Voya Prime Rate Trust Announces Change to Record Date for Determining Shareholders

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Voya Prime Rate Trust (NYSE: PPR) has updated the record date for its upcoming special shareholder meeting from March 5, 2021, to March 8, 2021. This adjustment is in compliance with the New York Stock Exchange's 10-day notice requirement. The special meeting was initially announced yesterday and is scheduled for May 21, 2021. Shareholders are advised that the Fund has not yet initiated the Tender Offers referenced in the release and that important information regarding these offers will be included in future filings with the SEC.

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  • Updated record date aligns with NYSE requirements, maintaining compliance.
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  • None.

Voya Prime Rate Trust (NYSE: PPR) (“the Fund”) announced today that to meet the 10 day notice requirement of the NYSE, the Board of Trustees for the Fund has changed the record date for determining shareholders of record for the special shareholder meeting announced yesterday and tentatively scheduled to be held on Friday, May 21, 2021 to March 8, 2021 from March 5, 2021.

Important Notice

This press release is for informational purposes only and shall not constitute a recommendation, an offer to purchase or a solicitation of an offer to sell any common shares of the Funds. The Funds have not yet commenced the Tender Offers described in this press release. The Funds will file with the U.S. Securities and Exchange Commission (“SEC”), on or around the date of commencement of the Tender Offers, tender offer statements on Schedule TO and related exhibits, including offers to purchase, related letters of transmittal and other related documents (the “Tender Offer Documents”). COMMON SHAREHOLDERS ARE URGED TO READ THE TENDER OFFER DOCUMENTS, AS THEY MAY BE AMENDED OR SUPPLEMENTED FROM TIME TO TIME, BECAUSE THEY CONTAIN IMPORTANT INFORMATION THAT HOLDERS OF COMMON SHARES SHOULD CONSIDER BEFORE MAKING ANY DECISION REGARDING TENDERING THEIR SHARES. Common shareholders may obtain a free copy of any of these statements and other documents when they are filed with the SEC at the website maintained by the SEC at www.sec.gov or by directing such requests to the Funds.

FAQ

What is the new record date for Voya Prime Rate Trust's special shareholder meeting?

The new record date is March 8, 2021.

When is Voya Prime Rate Trust's special shareholder meeting scheduled?

The special shareholder meeting is tentatively scheduled for May 21, 2021.

What requirements did Voya Prime Rate Trust follow for changing the record date?

The change meets the NYSE's 10-day notice requirement.

Have the Tender Offers for Voya Prime Rate Trust commenced?

No, the Tender Offers have not yet commenced.

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