trending Market Intelligence /marketintelligence/en/news-insights/trending/lcnrncmfczrga54x0cbhxg2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Western Asset Middle Market Income Fund board authorizes tender offer

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity


Western Asset Middle Market Income Fund board authorizes tender offer

The board of Western Asset Middle Market Income Fund Inc. authorized a tender offer to buy for cash up to 2.5% or 6,381 of the fund's outstanding common shares.

The purchase price of the shares will equal their net asset value as of the close of the customary trading session on Oct. 3, or if the offer is extended, on the date to which it is extended. The purpose of the offer is to provide liquidity to shareholders.

The offer will expire at 5 p.m. ET on Oct. 3, unless extended.