BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. Announces Final Results of Quarterly Tender Offer
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BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. announced the final results of its quarterly tender offer, which was oversubscribed. The fund will purchase shares from all tendering shareholders.
November 14, 2024 | 9:00 pm
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BNY Mellon Alcentra Global Multi-Strategy Credit Fund's quarterly tender offer was oversubscribed, indicating strong shareholder interest. The fund will purchase shares from all tendering shareholders.
The oversubscription of the tender offer suggests strong demand and confidence in the fund, which could positively impact the stock price in the short term as it indicates shareholder interest and potential value.
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