SC TO-I 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 Shares, Par Value $0.01 Per Share

(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
$19,446,892.45(a)   $2,253.90(b)

 

(a)       Calculated as the aggregate maximum purchase price to be paid for 1,396,465 shares in the offer, based upon a price of 98% of the net asset value per share of $14.21 on July 6, 2017.

 

(b)       Calculated at $115.90 per $1,000,000 of the Transaction Valuation.

 

¨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

 

¨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 through 9 and Item 11.

This Tender Offer Statement on Schedule TO is filed by Federated Premier Intermediate Municipal Income Fund (NYSE: FPT), a Delaware statutory trust (the “Fund”). This Schedule TO relates to the Fund’s offer to purchase for cash up to 20% of its outstanding common shares, par value $0.01 per share (the “Common Shares”) (the “Offer”), upon the terms and subject to the conditions set forth in the Fund’s Offer to Purchase dated July 14, 2017 and the related Letter of Transmittal, copies of which are attached hereto as Exhibits (a)(1)(i) and (a)(1)(ii), respectively. The price to be paid for the Common Shares is an amount per share, net to the seller in cash, equal to 98% of the net asset value per share in U.S. dollars as determined by the Fund as of the close of regular trading on the New York Stock Exchange on August 11, 2017, or such later date to which the Offer is extended by the Fund in its sole discretion. The information set forth in the Offer to Purchase and the related Letter of Transmittal is incorporated herein by reference with respect to Items 1 through 9 and Item 11 of this Schedule TO.

 

Item 12.Exhibits.

 

 

 

Exhibit No.

 

Document

(a)(1)(i) Offer to Purchase dated July 14, 2017.
(a)(1)(ii) Letter of Transmittal (including Guidelines for Certification of Taxpayer Identification Number on Substitute Form W-9).
(a)(1)(iii) Notice of Guaranteed Delivery.
(a)(1)(iv) Letter to Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees.
(a)(1)(v) Letter to Clients for use by Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees.
(a)(1)(vi) Letter to Common Shareholders dated July 14, 2017.
(a)(1)(vii) Notice of Withdrawal.
(a)(5) Press Release issued by the Fund dated July 14, 2017.

 

Item 13.

 

Not applicable.

 

 

 
 

Signature

 

After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

 

Federated Premier Intermediate Municipal Income Fund

 

 

 

By: /s/ J. Christopher Donahue

Name: J. Christopher Donahue

Title: President

 

 

Dated as of: July 14, 2017

 
 

 

Exhibit Index

 

Exhibit No.

 

Document

(a)(1)(i) Offer to Purchase dated July 14, 2017.
(a)(1)(ii) Letter of Transmittal (including Guidelines for Certification of Taxpayer Identification Number on Substitute Form W-9).
(a)(1)(iii) Notice of Guaranteed Delivery.
(a)(1)(iv) Letter to Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees.
(a)(1)(v) Letter to Clients for use by Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees.
(a)(1)(vi) Letter to Common Shareholders dated July 14, 2017.
(a)(1)(vii) Notice of Withdrawal.
(a)(5) Press Release issued by the Fund dated July 14, 2017.