0001623632-17-001522.txt : 20170710 0001623632-17-001522.hdr.sgml : 20170710 20170710144727 ACCESSION NUMBER: 0001623632-17-001522 CONFORMED SUBMISSION TYPE: SC TO-C PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20170710 DATE AS OF CHANGE: 20170710 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FEDERATED PREMIER INTERMEDIATE MUNICIPAL INCOME FUND CENTRAL INDEX KEY: 0001202806 IRS NUMBER: 471284989 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC TO-C SEC ACT: 1934 Act SEC FILE NUMBER: 005-84631 FILM NUMBER: 17957573 BUSINESS ADDRESS: STREET 1: 4000 ERICSSON DRIVE CITY: WARRENDALE STATE: PA ZIP: 15086-7561 BUSINESS PHONE: 4122881401 MAIL ADDRESS: STREET 1: 4000 ERICSSON DRIVE CITY: WARRENDALE STATE: PA ZIP: 15086-7561 FORMER COMPANY: FORMER CONFORMED NAME: FEDERATED INTERMEDIATE MUNICIPAL INCOME FUND DATE OF NAME CHANGE: 20021031 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FEDERATED PREMIER INTERMEDIATE MUNICIPAL INCOME FUND CENTRAL INDEX KEY: 0001202806 IRS NUMBER: 471284989 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC TO-C BUSINESS ADDRESS: STREET 1: 4000 ERICSSON DRIVE CITY: WARRENDALE STATE: PA ZIP: 15086-7561 BUSINESS PHONE: 4122881401 MAIL ADDRESS: STREET 1: 4000 ERICSSON DRIVE CITY: WARRENDALE STATE: PA ZIP: 15086-7561 FORMER COMPANY: FORMER CONFORMED NAME: FEDERATED INTERMEDIATE MUNICIPAL INCOME FUND DATE OF NAME CHANGE: 20021031 SC TO-C 1 form.htm

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

 

Federated Premier Intermediate Municipal Income Fund

(Name of Subject Company (Issuer))

 

Federated Premier Intermediate Municipal Income Fund

(Name of Filing Person (Issuer))

 

Common Stock

(Title of Class of Securities)

 

31423M105

(CUSIP Number of Class of Securities)

 

John W. McGonigle, Esquire

Federated Investors Tower

1001 Liberty Avenue

Pittsburgh, Pennsylvania 15222-3779

(412) 288-1900

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

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

 

 

With a Copy to:

 

Jennifer R. Gonzalez, Esq.

K&L Gates LLP

1601 K Street, NW

Washington, DC  20006

Telephone:  (202) 778-9000

 

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 or Registration No.:  Not Applicable Date Filed:    Not Applicable

 

ý 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. 

 

 
 

 

Items 1-11.

 

Not applicable.

 

Item 12.Exhibits.

 

 

 

Exhibit No.                Document

99.1                          Press release issued by the Fund dated July 10, 2017.

 

 

Item 13.

 

Not applicable.

 

 

EX-99.PRESS RELEASE 2 pressrelease.htm

Federated Investors’ Closed-End Municipal Funds Declare Monthly Dividends

(PITTSBURGH, Pa., July 10, 2017) -- Federated Premier Municipal Income Fund (NYSE: FMN) and Federated Premier Intermediate Municipal Income Fund (NYSE: FPT) have declared their monthly dividends. The funds seek to provide investors with current dividend income that is exempt from regular federal income tax. In addition, these funds feature income exempt from the federal alternative minimum tax (AMT).

 

Record Date: July 21, 2017      
Ex-Dividend Date: July 19, 2017      
Payable Date: Aug. 1, 2017      
    Tax-Free Dividends Per Share
   Closed-End Funds Amount   Change From Previous Month
FMN  Federated Premier Municipal Income Fund $  0.0610   $  --
FPT

Federated Premier Intermediate Municipal

Income Fund

$  0.0450   $  --

Investors can view additional portfolio information in the Products section of FederatedInvestors.com.

The funds’ investment advisor, Federated Investment Management Company, recommended to the Boards of Trustees for FPT and FMN, and the Boards approved, FPT reorganizing into FMN. The reorganization, if approved by fund shareholders, is currently expected to be completed by the end of November 2017. In addition, the advisor for FPT recommended, and its Board of Trustees approved, FPT conducting a tender offer for up to 20 percent of its outstanding common shares at a price equal to 98 percent of net asset value per share at the close of trading on the date the tender offer expires.

Federated Investors, Inc. (NYSE: FII) is one of the largest investment managers in the United States, managing $361.7 billion in assets as of March 31, 2017. With 123 funds, as well as a variety of separately managed account options, Federated provides comprehensive investment management worldwide to more than 8,400 institutions and intermediaries including corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers. For more information, visit FederatedInvestors.com.

###

This press release is not a recommendation, an offer to purchase or a solicitation of an offer to sell shares of FPT or FMN. FPT has not commenced the tender offer mentioned in this press release. Any tender offer would be made only by an offer to purchase, a related letter of transmittal and other documents that would be filed with the Securities and Exchange Commission (the SEC) as exhibits to a tender offer statement on Schedule TO and would be available free of charge at the SEC’s website at www.sec.gov.

 

This press release mentions a reorganization, which, if approved by shareholders, would be conducted pursuant to an agreement and plan of reorganization that will be included in a registration statement, to be filed by FMN (Registration Statement). This Registration Statement has yet to be filed with the SEC. After the Registration Statement is filed with the SEC, it may be amended or withdrawn until the Registration Statement is declared effective by the SEC. A joint proxy statement/prospectus to be included in the Registration Statement will not be distributed to shareholders of FPT and FMN unless and until the Registration Statement is declared effective by the SEC. The joint proxy statement/prospectus will contain information with respect to the investment objectives, risks, charges and expenses of the funds and other important information about FPT and FMN. The joint proxy statement/prospectus will constitute neither an offer to sell securities, nor will it constitute a solicitation of an offer to buy securities, in any state where such offer or sale is not permitted.

 

Shareholders should read (i) any offer to purchase and tender offer statement on Schedule TO and related exhibits and (ii) any Registration Statement and joint proxy statement/prospectus if and when those documents are filed and become available, as they would contain important information about the tender offer and proposed reorganization, respectively. Investors should consider the investment objectives, risks, charges and expenses of FPT and FMN carefully.

 

Certain statements made in this press release, such as those related to the tender offer and reorganization, are forward-looking statements. Actual future results or occurrences may differ significantly from those anticipated in any forward-looking statements due to numerous factors. These include, but are not limited to: market developments; legal and regulatory developments; and other additional risks and uncertainties. As a result, none of the investment advisor, the fund or any other person assumes responsibility for the accuracy and completeness of such statements in the future.

 

 

MEDIA:                                               MEDIA:

Ed Costello 412-288-7538                       Meghan McAndrew 412-288-8103

 

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