Articles from Eaton Vance Municipal Bond Fund
Eaton Vance Municipal Bond Fund Announces Final Results of Tender Offer
Eaton Vance Municipal Bond Fund (NYSE American: EIM) (the “Fund”) announced today the final results of the Fund’s cash tender offer for the following amount of its outstanding common shares (the “Tender Offer”). The Tender Offer expired at 5:00 p.m. Eastern Time on January 10, 2025.
By Eaton Vance Municipal Bond Fund · Via Business Wire · January 14, 2025
Eaton Vance Municipal Bond Fund Announces Preliminary Results of Tender Offer
Eaton Vance Municipal Bond Fund (NYSE American: EIM) (the “Fund”) announced today the preliminary results of the Fund’s cash tender offer for up to 5% of its outstanding common shares that expired at 5:00 p.m. Eastern Time on January 10, 2025 (the “Tender Offer”).
By Eaton Vance Municipal Bond Fund · Via Business Wire · January 13, 2025
Eaton Vance Municipal Bond Fund Announces Extension of Tender Offer
Eaton Vance Municipal Bond Fund (NYSE American: EIM) (the “Fund”) announced today the extension of the Fund’s cash tender offer (the “Tender Offer”) for up to 5% of its outstanding common shares at a price per share equal to 98% of its net asset value (“NAV”) per share, determined as of the close of regular trading on the New York Stock Exchange on the day the Tender Offer expires. The Tender Offer, which was previously scheduled to expire on January 9, 2025 at 5:00 p.m. Eastern Time, will be extended to January 10, 2025 at 5:00 p.m. Eastern Time. Also, shareholders may withdraw tendered shares at any time prior to 5:00 p.m. Eastern Time on January 10, 2025.
By Eaton Vance Municipal Bond Fund · Via Business Wire · January 7, 2025
Eaton Vance Municipal Bond Fund Announces Commencement of Tender Offer
Eaton Vance Municipal Bond Fund (NYSE American: EIM) (the “Fund”) announced today the commencement of a cash tender offer (the “Tender Offer”) for up to 5% of its outstanding common shares at a price per share equal to 98% of its net asset value (“NAV”) per share, determined as of the close of regular trading on the New York Stock Exchange on the day the Tender Offer expires. The Tender Offer will expire on January 9, 2025 at 5:00 p.m. Eastern Time or on such later date to which the offer is extended. If the number of common shares tendered exceeds the maximum amount of the Tender Offer, the Fund will purchase shares from tendering shareholders on a pro-rata basis (disregarding fractional shares). Accordingly, there is no assurance that the Fund will purchase all of a shareholder's tendered common shares in connection with the Tender Offer. The Fund may determine not to accept shares tendered in the Tender Offer under various circumstances, as set forth in the offering materials.
By Eaton Vance Municipal Bond Fund · Via Business Wire · December 10, 2024
Eaton Vance Municipal Bond Fund Announces Tender Offer to Purchase up to 5% of Outstanding Shares
Eaton Vance Municipal Bond Fund (NYSE American: EIM) (the “Fund”) previously announced that the Fund will conduct a tender offer for up to 5% of the Fund’s then-outstanding common shares if, during the four-month measurement period beginning July 9, 2024 through November 8, 2024, the Fund’s common shares trade at an average discount to net asset value (“NAV”) of more than 7.5% (based upon the average of the difference between its volume-weighted average market price and NAV each business day during the period) (the “First Trigger Event”). The Fund has determined that the conditions of the First Trigger Event have been met. Accordingly, the Fund expects to commence a tender offer on or about December 10, 2024, with the expiration of the tender offer currently anticipated to be on or about January 9, 2025 (the “Tender Offer”). The Tender Offer will be for up to 5% of the Fund’s then-outstanding common shares at 98% of NAV per share as of the close of regular trading on the New York Stock Exchange on the date the Tender Offer expires.
By Eaton Vance Municipal Bond Fund · Via Business Wire · November 12, 2024
Eaton Vance Municipal Bond Fund Announces Measurement Period for Initial Conditional Tender Offer
Eaton Vance Municipal Bond Fund (NYSE American: EIM) (the “Fund”) announced that, in connection with the recent close of the Fund’s cash tender offer on July 9, 2024, the Fund has commenced a four-month measurement period, beginning July 9, 2024 through November 8, 2024, whereby if, during such period, the Fund’s common shares trade at an average discount to net asset value (“NAV”) of more than 7.5% (based upon the average of the difference between its volume-weighted average market price and NAV each business day during the period) (the “First Trigger Event”), the Fund will conduct a tender offer (the “Initial Conditional Tender Offer”) within 20 business days of the date on which the First Trigger Event occurs. The Initial Conditional Tender Offer will be for up to 5% of the Fund’s then-outstanding common shares at 98% of NAV per share as of the close of regular trading on the New York Stock Exchange on the date the tender offer expires.
By Eaton Vance Municipal Bond Fund · Via Business Wire · July 12, 2024
Eaton Vance Municipal Bond Fund Announces Final Results of Tender Offer
Eaton Vance Municipal Bond Fund (NYSE American: EIM) (the “Fund”) announced today the final results of the Fund’s cash tender offer for the following amount of its outstanding common shares (the “Tender Offer”). The Tender Offer expired at 5:00 p.m. Eastern Time on July 9, 2024.
By Eaton Vance Municipal Bond Fund · Via Business Wire · July 11, 2024
Eaton Vance Municipal Bond Fund Announces Preliminary Results of Tender Offer
Eaton Vance Municipal Bond Fund (NYSE American: EIM) (the “Fund”) announced today the preliminary results of the Fund’s cash tender offer for up to 20% of its outstanding common shares that expired at 5:00 p.m. Eastern Time on July 9, 2024 (the “Tender Offer”).
By Eaton Vance Municipal Bond Fund · Via Business Wire · July 10, 2024
Eaton Vance Municipal Bond Fund Announces Commencement of Tender Offer
Eaton Vance Municipal Bond Fund (NYSE American: EIM) (the “Fund”) announced today the commencement of a cash tender offer (the “Tender Offer”).
By Eaton Vance Municipal Bond Fund · Via Business Wire · June 7, 2024
Eaton Vance Municipal Bond Fund Announces Firm and Conditional Tender Offers
Eaton Vance Municipal Bond Fund (NYSE American: EIM) (the “Fund”) announced that its Board of Trustees (the “Board”) has authorized a cash tender offer for up to 20% of its outstanding common shares at a price per share equal to 98% of the Fund’s net asset value (“NAV”) per share as of the close of regular trading on the New York Stock Exchange (NYSE) on the date the tender offer expires (the “Firm Tender Offer”). The Firm Tender Offer is expected to begin on or about June 7, 2024 and expire at 5:00 P.M. Eastern Time on or about July 9, 2024, unless extended. The pricing date is also expected to be July 9, 2024, unless the Firm Tender Offer is extended.
By Eaton Vance Municipal Bond Fund · Via Business Wire · May 6, 2024