0000940394-19-000906.txt : 20190603 0000940394-19-000906.hdr.sgml : 20190603 20190603162922 ACCESSION NUMBER: 0000940394-19-000906 CONFORMED SUBMISSION TYPE: SC TO-C PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20190603 DATE AS OF CHANGE: 20190603 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: EATON VANCE MUNICIPAL BOND FUND CENTRAL INDEX KEY: 0001176984 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC TO-C SEC ACT: 1934 Act SEC FILE NUMBER: 005-85179 FILM NUMBER: 19873626 BUSINESS ADDRESS: STREET 1: TWO INTERNATIONAL PLACE CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 6174828260 MAIL ADDRESS: STREET 1: TWO INTERNATIONAL PLACE CITY: BOSTON STATE: MA ZIP: 02110 FORMER COMPANY: FORMER CONFORMED NAME: EATON VANCE INSURED MUNICIPAL BOND FUND DATE OF NAME CHANGE: 20020702 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: EATON VANCE MUNICIPAL BOND FUND CENTRAL INDEX KEY: 0001176984 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC TO-C BUSINESS ADDRESS: STREET 1: TWO INTERNATIONAL PLACE CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 6174828260 MAIL ADDRESS: STREET 1: TWO INTERNATIONAL PLACE CITY: BOSTON STATE: MA ZIP: 02110 FORMER COMPANY: FORMER CONFORMED NAME: EATON VANCE INSURED MUNICIPAL BOND FUND DATE OF NAME CHANGE: 20020702 SC TO-C 1 mbfsctoc6319.htm EATON VANCE MUNICIPAL BOND FUND

AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON JUNE 3, 2019

 

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

SCHEDULE TO

Tender Offer Statement Under Section 14(d)(1) or 13(e)(1) of the

Securities Exchange Act Of 1934

 

Eaton Vance Municipal Bond Fund

(Name of Subject Company (Issuer))

 

Eaton Vance Municipal Bond Fund

(Name of Filing Person (Issuer))

 

Common Shares of Beneficial Interest, $.01 par value

(Title of Class of Securities)

 

27827X101

(CUSIP Number of Class of Securities)

 

Maureen A. Gemma

Eaton Vance Management

Two International Place

Boston, Massachusetts 02110

(617) 672-8305

(Name, Address and Telephone Number of Person Authorized to Receive Notices

and Communications on Behalf of the Person(s) Filing Statement)

 

Calculation of Filing Fee

 

Transaction Valuation* Amount Of Filing Fee*
Not Applicable Not Applicable

 

*No filing fee is required because this filing includes only preliminary communications made before the commencement of a tender offer.

 

[_]Check the box if any part of the fee is offset as provided by Rule 0-11(a)(2) and identify the filing with which the offsetting fee was previously paid. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.

 

Amount Previously Paid: Not Applicable Filing Party: Not Applicable
Form of Registration No.: Not Applicable Date Filed: Not Applicable

 

[x]Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer.

 

Check the appropriate boxes below to designate any transactions to which the statement relates:

 

[_]third party tender offer subject to Rule 14d-1.
[x]issuer tender offer subject to Rule 13e-4.
[_]going-private transaction subject to Rule 13e-3.
[_]amendment to Schedule 13D under Rule 13d-2.

 

 
 

Check the following box if the filing is a final amendment reporting the results of the tender offer. [_]

 

If applicable, check the appropriate box(es) below to designate the appropriate rule provision(s) relied upon:

 

[_]Rule 13e-4(i) (Cross-Border Issuer Tender Offer)
[_]Rule 14d-1(d) (Cross-Border Third-Party Tender Offer)

 

 

 

Items 1-11.

 

Not Applicable.

 

Item 12. Exhibits.

 

Exhibit No. Document

 

99.1

 

Press release issued by the Issuer dated June 3, 2019.

 

Item 13.

 

Not Applicable.

 

EX-99.(1) 2 exhibit.htm PRESS RELEASE DTD 6.3.2019

EXHIBIT (1)

Investor Contact: (800) 262-1122

 

FOR IMMEDIATE RELEASE

 

Eaton Vance Municipal Bond Fund Announces Commencement Of

120-Day Period In Connection With Conditional Tender Offer

 

BOSTON, MA, June 3, 2019 — As previously announced in a press release dated March 27, 2019, the Board of Trustees of Eaton Vance Municipal Bond Fund (NYSE American: EIM) (the “Fund”) has authorized a conditional cash tender offer (the “Conditional Tender Offer”) for up to 5% of the Fund’s outstanding common shares, provided that during a 120-day period announced by the Fund, the Fund’s common shares trade at an average discount to net asset value (“NAV”) of more than 6% (based upon the average of the difference between its volume-weighted average market price and NAV each business day during the period). The 120-day period for the Conditional Tender Offer will commence tomorrow, June 4, 2019, and end on October 1, 2019. If triggered, the Conditional Tender Offer would be at 98% of NAV per share as of the close of regular trading on the New York Stock Exchange (NYSE) on the date the tender offer expires. The Conditional Tender Offer, if triggered, would begin on or before November 29, 2019. If the condition is triggered, the Fund will issue a press release providing notification and additional information about the tender offer.

 

About Eaton Vance Corp.

 

The Fund’s investment adviser is Eaton Vance Management, a subsidiary of Eaton Vance Corp. Eaton Vance Corp. (NYSE: EV) provides advanced investment strategies and wealth management solutions to forward-thinking investors around the world. Through principal investment affiliates Eaton Vance Management, Parametric, Atlanta Capital, Hexavest and Calvert, the Company offers a diversity of investment approaches, encompassing bottom-up and top-down fundamental active management, responsible investing, systematic investing and customized implementation of client-specified portfolio exposures. As of April 30, 2019, Eaton Vance had consolidated assets under management of $469.9 billion. For more information, visit eatonvance.com.

 

 
 

About the Fund

 

Common shares of the Fund are generally available for purchase or sale only through secondary market trading at their current market price. Shares of closed-end funds (such as the Fund) often trade at a discount from their net asset value. The market price of a closed-end fund’s shares may vary from net asset value based on factors affecting the supply and demand for shares, such as fund distribution rates relative to similar investments, investors’ expectations for future distribution changes, the clarity of the fund’s investment strategy and future return expectations, and investors’ confidence in the underlying markets in which the fund invests. Fund shares are subject to investment risk, including possible loss of principal invested. Shares of the Fund are not FDIC-insured and are not deposits or other obligations of, or guaranteed by, any bank. No fund is a complete investment program and you may lose money investing in the Fund. An investment in the Fund may not be appropriate for all investors. Before investing, prospective investors should consider carefully the Fund’s investment objective, risks, charges and expenses.

 

This announcement is not a recommendation, an offer to purchase or a solicitation of an offer to sell shares of the Fund. The Fund has not commenced a tender offer, and the Conditional Tender Offer will not occur unless the prescribed condition is met. The Conditional Tender Offer will be made only by an offer to purchase, a related letter of transmittal and other documents filed with the U.S. Securities and Exchange Commission (“SEC”) as exhibits to a tender offer statement on Schedule TO, with all such documents available on the SEC’s website at www.sec.gov. In the event of the Conditional Tender Offer, the Fund will also make available to shareholders without charge the offer to purchase and the letter of transmittal. Shareholders should read these documents carefully, as they would contain important information about the Conditional Tender Offer.

 

This press release is for informational purposes only and is not intended to, and does not, constitute an offer to purchase or sell shares of the Fund. Additional information about the Fund, including performance and portfolio characteristic information, is available at www.eatonvance.com.

 

Statements in this press release that are not historical facts are forward-looking statements as defined by the U.S. securities laws. You should exercise caution in interpreting and relying on forward-looking statements because they are subject to uncertainties and other factors which are, in some cases, beyond the Fund’s control and could cause actual results to differ materially from those set forth in the forward-looking statements.

###

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