Tortoise Announces Preliminary Results of Tender Offers for Its Closed-End Funds
Tortoise Announces Preliminary Results of Tender Offers for Its Closed-End Funds
OVERLAND PARK, KS / ACCESSWIRE / November 2, 2023 / Tortoise announced today the preliminary results of cash tender offers for each of the following Funds that expired at 5:00 P.M., Eastern Time on November 1, 2023.The table below shows the preliminary results for each Fund.
堪薩斯州歐弗蘭帕克/ACCESSWIRE/2023年11月2日/Tortoise今天公佈了以下每隻基金的現金投標報價的初步結果,這些基金已於美國東部時間2023年11月1日下午5點到期。下表顯示了每隻基金的初步結果。
Fund |
Tender Offer Amount |
Shares Properly Tendered | Purchase Price of Properly Tendered Shares* |
TYG |
Up to 5% or 566,575 of its outstanding common shares |
5,167,332 | $33.04 |
NTG |
Up to 5% or 268,042 of its outstanding common shares |
2,760,197 | $39.55 |
TTP |
Up to 5% or 105,819 of its outstanding common shares |
1,058,138 | $32.04 |
NDP |
Up to 5% or 87,684 of its outstanding common shares |
997,242 | $34.85 |
TPZ |
Up to 5% or 310,008 of its outstanding common shares |
3,253,261 | $15.11 |
基金 |
要約金額 |
股票已正確投標 | 正確出價股票的購買價格* |
TYG |
不超過其已發行普通股的5%,佔其已發行普通股的566,575股 |
5,167,332 | 33.04 美元 |
NTG |
不超過其已發行普通股的5%,佔其已發行普通股的268,042股 |
2,760,197 | 39.55 美元 |
TTP |
不超過其已發行普通股的5%,佔其已發行普通股的105,819股 |
1,058,138 | 32.04 美元 |
NDP |
不超過其已發行普通股的5%,佔其已發行普通股的87,684股 |
997,242 | 34.85 美元 |
TPZ |
不超過其已發行普通股的5%或310,008股 |
3,253,261 | 15.11 美元 |
* Equal to 98% of the relevant Fund's net asset value per share as of the close of regular trading on the New York Stock Exchange (NYSE) on November 1, 2023 (the date the Tender Offer expired).
* 等於截至2023年11月1日紐約證券交易所(NYSE)常規交易收盤(要約到期之日)相關基金每股淨資產價值的98%。
Under the terms and conditions of the tender offer, if the number of shares tendered exceeds the maximum amount of a tender offer, the Fund will purchase shares from tendering shareholders on a pro-rata basis (disregarding fractional shares). Based on the preliminary results shown above, all of the above listed funds expect to purchase a pro-rata allocation of the shares properly tendered.
根據要約的條款和條件,如果投標的股票數量超過要約的最高金額,則基金將按比例從投標股東那裏購買股票(不包括部分股份)。根據上面顯示的初步結果,上述所有上市基金都希望按比例購買適當投標的股票。
The above-indicated results are based on preliminary information provided by Computershare, the depositary for each tender offer, are subject to adjustment and should not be regarded as final. Each Fund currently expects to announce the final results of its tender offer on or about November 8, 2023.
上述結果基於Computershare提供的初步信息,Computershare是每份要約的存管機構,可能會進行調整,不應被視爲最終結果。目前,各基金預計將在2023年11月8日左右公佈其要約的最終收購結果。
Any questions related to the tender offer can be directed to Georgeson LLC, the Funds' information agent for the tender offer, at 1-877-278-9672 for TYG, 1-888-666-2580 for NTG, 1-866-203-9401 for TTP, 1-866-432-2791 for NDP, and 1-877-668-1646 for TPZ.
與要約有關的任何問題都可以直接聯繫基金的要約信息代理人喬治森有限責任公司,TYG的電話是1-877-278-9672,NTG的電話是1-888-666-2580,TTP的1-866-203-9401,NDP的1-866-432-2791,TPZ的1-877-668-1646。
About Tortoise
關於 Tortoise
Tortoise focuses on energy & power infrastructure and the transition to cleaner energy. Tortoise's solid track record of energy value chain investment experience and research dates back more than 20 years. As one of the earliest investors in midstream energy, Tortoise believes it is well-positioned to be at the forefront of the global energy evolution that is underway. With a steady wins approach and a long-term perspective, Tortoise strives to make a positive impact on clients and communities. To learn more, please visit .
Tortoise專注於能源和電力基礎設施以及向清潔能源的過渡。Tortoise在能源價值鏈投資經驗和研究方面的良好記錄可以追溯到20多年前。作爲最早的中游能源投資者之一,Tortoise認爲它完全有能力站在正在進行的全球能源演變的最前沿。Tortoise採用穩定的雙贏方法和長遠的眼光,努力對客戶和社區產生積極影響。要了解更多信息,請訪問。
Tortoise Capital Advisors, L.L.C. is the adviser to Tortoise Energy Infrastructure Corp., Tortoise Midstream Energy Fund, Inc., Tortoise Pipeline & Energy Fund, Inc., Tortoise Energy Independence Fund, Inc. and Tortoise Power and Energy Infrastructure Fund, Inc.
Tortoise Capital Advisors, L.L.C. 是 Tortoise Energy Infrastructure Corp.、Tortoise Pipeline & Energy Fund, Inc.、Tortoise Energy Infrastructure Corp.、Tortoise Pipeline & Energy Fund, Inc
For additional information on these funds, please visit cef.tortoiseecofin.com.
有關這些資金的更多信息,請訪問 cef.tortoiseecofin.com。
Cautionary Statement Regarding Forward-Looking Statements
關於前瞻性陳述的警示聲明
This press release contains certain statements that may include "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, included herein are "forward-looking statements." Although the funds and Tortoise Capital Advisors believe that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the fund's reports that are filed with the Securities and Exchange Commission. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Other than as required by law, the funds and Tortoise Capital Advisors do not assume a duty to update this forward-looking statement.
本新聞稿包含某些陳述,其中可能包括1933年《證券法》第27A條和1934年《證券交易法》第21E條所指的 “前瞻性陳述”。除歷史事實陳述外,此處包含的所有陳述均爲 “前瞻性陳述”。儘管基金和Tortoise Capital Advisors認爲這些前瞻性陳述中反映的預期是合理的,但它們確實涉及假設、風險和不確定性,這些預期可能被證明是不正確的。由於多種因素,包括基金向美國證券交易委員會提交的報告中討論的因素,實際業績可能與這些前瞻性陳述中的預期存在重大差異。您不應過分依賴這些前瞻性陳述,這些陳述僅代表截至本新聞稿發佈之日。除法律要求外,基金和Tortoise Capital Advisors不承擔更新本前瞻性陳述的責任。
Contact information
For more information contact Eva Lipner at (913) 981-1020 or info@tortoiseecofin.com.
聯繫信息
欲了解更多信息,請致電 (913) 981-1020 或 info@tortoiseecofin.com 與 Eva Lipner 聯繫。
SOURCE: Tortoise
來源:烏龜