MFS Investment Grade Municipal Trust tender offer oversubscribed
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MFS Investment Grade Municipal Trust Announces Preliminary Results of Tender Offer
May 13, 2026 8:30 AM EDTBOSTON--(BUSINESS WIRE)-- MFS® Investment Grade Municipal Trust (the Fund) (NYSE: CXH) announced today that its tender offer for 4,099,610 shares of the Funds outstanding common shares (the Shares), representing approximately 50% of the Funds outstanding shares, expired at 5:00 P.M., Eastern Time, on May 12, 2026.
Based on current information, approximately 4,720,213.63 Shares were properly tendered and not withdrawn. Based on this preliminary information, the proration for a tendering shareholder is estimated to be approximately 86.85 percent of the shares properly tendered and not withdrawn. These numbers, including the estimated proration for a tendering shareholder, are subject... More
