Skip to main content

Market Overview

The Mexico Equity and Income Fund, Inc. Announces Tender Offer

Share:

The Mexico Equity and Income Fund, Inc. (NYSE:MXE) (the "Fund") today
announced that it has commenced a tender offer to purchase up to 25% of
the common shares of the Fund (approximately 1,723,866 shares) at 99% of
the net asset value ("NAV") per common share as determined at the close
of business on the Termination Date (as defined below). In accordance
with the rules of the U.S. Securities and Exchange Commission (the
"Commission"), the Fund may purchase additional shares not to exceed 2%
of the outstanding shares without amending or extending the tender offer.

The tender offer will expire at 5:00 p.m., Eastern Time, on February 15,
2019 (the "Termination Date"), unless the tender offer is extended. The
offer is being made upon the terms and subject to the conditions set
forth in the tender offer statement, which will be mailed to
stockholders on or about January 23, 2019. A stockholder that holds
shares in street name and wishes to accept the tender offer should
contact his or her custodian to confirm when it requires notice (which
may be prior to the Termination Date) to participate in the tender offer.

This announcement is not a recommendation, an offer to purchase or a
solicitation to sell any securities of the Fund. The Fund has filed with
the Commission a tender offer statement on Schedule TO under the
Securities Exchange Act of 1934, as amended, relating to the tender
offer. Common stockholders of the Fund should read the tender offer
statement carefully as it contains important information. Stockholders
may obtain the tender offer statement and other filed documents without
charge at the SEC's website at http://www.sec.gov.

For information, please contact: U.S. Bancorp Fund Services, LLC
(1-877-785-0376).

View Comments and Join the Discussion!
 
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com