Preferred Stock OfferingsBy Preferred Stock Channel Staff, updated Sun, August 14, 9:36 PM
|This Slide: #551 of 582|
Slide #551. MainStay DefinedTerm Municipal Opportunities Fund — Preferred Stock Offering
MainStay DefinedTerm Municipal Opportunities Fund (NYSE:MMD)
Date of Pricing:
Preferred Stock Offering Details:
MainStay DefinedTerm Municipal Opportunities Fund announced that it successfully priced and placed two series of privately offered Fixed Rate Municipal Term Preferred Shares of $35 million each pursuant to Rule 144A under the Securities Act of 1933. The proceeds from each offering will be used to seek to achieve the Fund's investment objective, which is contained in the Fund's prospectus.
MainStay MacKay DefinedTerm Municipal Opportunities is a closed-end management investment company. The Fund's primary investment objective is to seek current income exempt from regular United States Federal income taxes.
Open the MMD Page at Preferred Stock Channel »
Free MMD Email Alerts:
Get Dividend Alerts
Get SEC Filing Alerts