Under the terms of the Offer owners of the Preferred Stock may tender their Preferred Stock for cash in the amount of
The terms and conditions of the Offer are set forth in the Offer to Purchase and the accompanying Letter of Transmittal and related documents, each as may be amended or supplemented from time to time. The Fund filed a tender offer statement on Schedule TO with the
Important Notice
This press release is for informational purposes only and shall not constitute an offer or a solicitation to buy any Series C Auction Rate Cumulative Preferred Stock or Series E Auction Rate Cumulative Preferred Stock. The offer to purchase Series C Auction Rate Cumulative Preferred Stock and Series E Auction Rate Cumulative Preferred Stock is being made only pursuant to an offer on Schedule TO.
HOLDERS OF SERIES C AUCTION RATE CUMLATIVE PREFERRED STOCK AND SERIES E AUCTION RATE CUMULATIVE PREFERRED STOCK ARE URGED TO READ THE OFFER TO PURCHASE AND ANY SOLICITATION/RECOMMENDATION STATEMENT REGARDING THE OFFER, AS THEY MAY BE AMENDED OR SUPPLEMENTED FROM TIME TO TIME, BECAUSE THEY CONTAIN IMPORTANT INFORMATION THAT HOLDERS OF SERIES C AUCTION RATE CUMLATIVE PREFERRED STOCK AND SERIES E AUCTION RATE CUMULATIVE PREFERRED STOCK SHOULD CONSIDER BEFORE MAKING ANY DECISION REGARDING TENDERING THEIR SHARES. Holders of Series C Auction Rate Cumulative Preferred Stock and Series E Auction Rate Cumulative Preferred Stock may obtain a free copy of any of these statements and other documents after they are filed with the
About
The
Investors in the Fund should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing. More information about the Fund is available by calling 800-GABELLI (800-422- 3554), visiting www.gabelli.com, or emailing ClosedEnd@gabelli.com.
NYSE – GAB
CUSIP – 362397101
For information:
(914) 921-5057
Investor Relations Contact:
mmarion@gabelli.com
Source:
2023 GlobeNewswire, Inc., source