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Federated Hermes Premier Municipal Income Fund announces tender offer expiration
PINCPremier(PINC) Prnewswire·2024-10-14 12:30

PITTSBURGH, Oct. 14, 2024 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE: FMN) announced today that its tender offer for 3,679,390 of its issued and outstanding common shares, representing approximately 32% of its outstanding common shares, expired at 5 p.m. Eastern on Oct. 11, 2024. The offer was oversubscribed. Because the number of shares tendered exceeded the number of shares the fund offered to purchase, the fund will purchase the maximum percentage of outstanding shares it previo ...