0001445546-17-003085.txt : 20170629 0001445546-17-003085.hdr.sgml : 20170629 20170629172541 ACCESSION NUMBER: 0001445546-17-003085 CONFORMED SUBMISSION TYPE: SC TO-I/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20170629 DATE AS OF CHANGE: 20170629 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FIRST TRUST/ABERDEEN GLOBAL OPPORTUNITY INCOME FUND CENTRAL INDEX KEY: 0001302624 IRS NUMBER: 736357662 FILING VALUES: FORM TYPE: SC TO-I/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-82986 FILM NUMBER: 17939593 BUSINESS ADDRESS: STREET 1: 120 EAST LIBERTY DRIVE, SUITE 400 CITY: WHEATON STATE: IL ZIP: 60187 BUSINESS PHONE: 630-765-8000 MAIL ADDRESS: STREET 1: 120 EAST LIBERTY DRIVE, SUITE 400 CITY: WHEATON STATE: IL ZIP: 60187 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FIRST TRUST/ABERDEEN GLOBAL OPPORTUNITY INCOME FUND CENTRAL INDEX KEY: 0001302624 IRS NUMBER: 736357662 FILING VALUES: FORM TYPE: SC TO-I/A BUSINESS ADDRESS: STREET 1: 120 EAST LIBERTY DRIVE, SUITE 400 CITY: WHEATON STATE: IL ZIP: 60187 BUSINESS PHONE: 630-765-8000 MAIL ADDRESS: STREET 1: 120 EAST LIBERTY DRIVE, SUITE 400 CITY: WHEATON STATE: IL ZIP: 60187 SC TO-I/A 1 fam_sctoc.txt AMENDMENT TO FORM SC TO-I AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON JUNE 29, 2017 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE TO ISSUER TENDER OFFER STATEMENT (PURSUANT TO SECTION 13(e)(1) OF THE SECURITIES EXCHANGE ACT OF 1934) AMENDMENT NO. 2 FIRST TRUST/ABERDEEN GLOBAL OPPORTUNITY INCOME FUND (Name of Subject Company (Issuer)) FIRST TRUST/ABERDEEN GLOBAL OPPORTUNITY INCOME FUND (Name of Filing Person (Issuer)) COMMON SHARES OF BENEFICIAL INTEREST, PAR VALUE $0.01 PER SHARE (Title of Class of Securities) 337319107 (CUSIP Number of Class of Securities) W. SCOTT JARDINE SECRETARY FIRST TRUST/ABERDEEN GLOBAL OPPORTUNITY INCOME FUND (Name of Subject Company (Issuer)) 120 E. LIBERTY DRIVE, SUITE 400, WHEATON, IL 60187 (800) 621-1675 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications on Behalf of Filing Person(s)) With a Copy to: Eric F. Fess Chapman and Cutler LLP 111 West Monroe Street Chicago, Illinois 60603 Telephone: (312) 845-3000 CALCULATION OF FILING FEE ------------------------------------- ------------------------------------ TRANSACTION VALUATION AMOUNT OF FILING FEE ------------------------------------- ------------------------------------ $54,261,899.46 (a) $6,288.95 (b) ------------------------------------- ------------------------------------ (a) The transaction value was calculated by multiplying 4,316,778 Common Shares of First Trust/Aberdeen Global Opportunity Income Fund by $12.57, the Net Asset Value per share as of the close of ordinary trading on the New York Stock Exchange on May 18, 2017. (b) Calculated at $115.90 per $1,000,000 of the Transaction Valuation. [X] 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: $6,288.95 Form or Registration No.: Schedule TO Filing Party: FIRST TRUST/ABERDEEN GLOBAL OPPORTUNITY INCOME FUND Date Filed: May 25, 2017 [ ] 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) to designate the appropriate provision(s) being relied upon: [ ] Rule 13e-4(i) (Cross-Border Issuer Tender Offer) [ ] Rule 14d-1(d) (Cross-Border Third Party Tender Offer) EXPLANATORY NOTE This Amendment No. 2 ("Amendment No. 2") amends and supplements the Tender Offer Statement on the Schedule TO initially filed with the Securities and Exchange Commission (the "SEC") on May 25, 2017 by First Trust/Aberdeen Global Opportunity Income Fund, a diversified, closed-end management investment company organized as a Massachusetts business trust (the "Fund"), pursuant to Rule 13e-4 under the Securities and Exchange Act of 1934, as amended (the "Exchange Act"), in connection with the Fund's offer to purchase for cash up to 4,316,778 shares of the Fund's issued and outstanding common shares of beneficial interest, par value $0.01 per share, upon the terms and subject to conditions contained in the Offer to Purchase dated May 25, 2017 (the "Offer to Purchase") and the related Letter of Transmittal (the "Letter of Transmittal", which together with the Offer to Purchase and any amendments or supplements to either or both, constitute the "Offer"), at a purchase price equal to 98% of the Fund's net asset value per share ("NAV") determined as of June 23, 2017 at the close of the regular trading session of the New York Stock Exchange. This Amendment No. 2 to Schedule TO is intended to satisfy the requirements pursuant to Rule 13e-4(c)(4) of the Exchange Act. The information in the Offer to Purchase and the Letter of Transmittal, previously filed with the Schedule TO as Exhibits (a)(1)(i) and (a)(1)(ii), respectively, is incorporated by reference into this Amendment No. 2 in answer to Items 1 through 9 and Item 11 of the Schedule TO. ITEM 10. FINANCIAL STATEMENTS. Not applicable. ITEM 12. EXHIBITS. Item 12 of the Schedule TO is hereby amended and supplemented to add the following exhibit: (a)(5)(iv) Press Release dated June 29, 2017. ITEM 13. INFORMATION REQUIRED BY SCHEDULE 13E-3. 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. FIRST TRUST/ABERDEEN GLOBAL OPPORTUNITY AND INCOME FUND /s/ James M. Dykas --------------------------------------- James M. Dykas President and Chief Executive Officer June 29, 2017 June 29, 2017 EXHIBIT INDEX EXHIBIT DESCRIPTION (a)(1)(i) Letter to Shareholders from the Chairman of the Board of Trustees (a)(1)(i) Letter to Shareholders from the Chairman of the Board of Trustees of the Fund and Offer to Purchase. (2) (a)(1)(ii) Letter of Transmittal. (a)(1)(iii) Letter to Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees. (2) (a)(1)(iv) Letter to Clients and Client Instruction Form. (2) (a)(1)(v) Notice of Guaranteed Delivery. (2) (a)(1)(vi) Notice of Withdrawal. (2) (a)(2) Not applicable. (a)(3) Not applicable. (a)(4) Not applicable. (a)(5)(i) Press Release dated February 14, 2017. (3) (a)(5)(ii) Press Release dated May 25, 2017. (2) (a)(5)(iii) Press Release dated June 23, 2017. (1) (a)(5(iv) Press Release dated June 29, 2017. (b) Not applicable. (d) Transfer Agency and Services Agreement with BNY Mellon Investment Servicing (U.S.) Inc. (4) (d)(1) Custodian Services Agreement with The Bank of New York Mellon. (4) (d)(2) Investment Management Agreement with First Trust Advisors, L.P. (4) (d)(3) Investment Sub-Advisory Agreement with First Trust Advisors, L.P. and Aberdeen Asset Management Inc. (4) (e) Not applicable. (g) Not applicable. (h) Not applicable. -------------------------------------------------------------------------------- (1) Previously filed on Schedule TO via EDGAR on June 23, 2017 and incorporated herein by reference. (2) Previously filed on Schedule TO via EDGAR on May 25, 2017 and incorporated herein by reference. (3) Previously filed on Schedule TO via EDGAR on February 14, 2017 and incorporated herein by reference. (4) Previously filed in Pre-Effective Amendment No. 2 on to Registrant's Registration Statement on Form N-2 (File No. 333-119081) on November 23, 2004 and incorporated herein by reference. EX-99 2 exhibit_a5.txt PRESS RELEASE DATED JUNE 23, 2017 Exhibit (a)(5)(iv) PRESS RELEASE SOURCE: First Trust/Aberdeen Global Opportunity Income Fund FIRST TRUST/ABERDEEN GLOBAL OPPORTUNITY INCOME FUND ANNOUNCES FINAL RESULTS OF TENDER OFFER WHEATON, IL - (BUSINESS WIRE) - JUNE 29, 2017 - First Trust/Aberdeen Global Opportunity Income Fund (NYSE: FAM) (the "Fund") today announced the final results of the tender offer it conducted. As previously announced, the Fund conducted a tender offer for up to 25% of its outstanding common shares for cash at a price per share equal to 98% of the net asset value per share determined on the expiration date. The Fund's tender offer, which expired at 5:00 p.m. New York City time on Friday, June 23, 2017, was oversubscribed. Since the Fund's tender offer was oversubscribed, the Fund will purchase 25% of its outstanding common shares on a pro-rata basis based on the number of shares properly tendered (Pro-Ration Factor). The final results of the tender offer are provided in the table below.
Number of Number of Purchase Price Outstanding Number of Shares Tendered Shares Pro-Ration (98% of NAV on Shares after Tendered to be Purchased Factor Expiration Date) Tender Offer ------------------ ---------------- ----------- ----------------- ----------------- 8,693,400 4,316,778 49.66% $12.5636 12,950,337
The Fund will purchase the common shares that it has accepted for payment as promptly as practicable. Shareholders who have questions regarding the tender offer should contact their financial advisors or should call Georgeson LLC, the Fund's information agent for the tender offer, at: (800) 903-2897. The Fund is a diversified, closed-end management investment company that seeks to provide a high level of current income. As a secondary objective, the Fund seeks capital appreciation. The Fund pursues these investment objectives by investing in the world bond markets through a diversified portfolio of investment grade and below-investment grade government and corporate debt securities. First Trust Advisors L.P., the Fund's investment advisor, along with its affiliate, First Trust Portfolios L.P., are privately-held companies which provide a variety of investment services, including asset management and financial advisory services, with collective assets under management or supervision of approximately $107 billion as of May 31, 2017 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts. Aberdeen Asset Management Inc. ("Aberdeen") serves as the Fund's investment sub-advisor. Aberdeen is a wholly owned subsidiary of Aberdeen Asset Management PLC which is the parent company of an asset management group managing approximately $385.2 billion in assets as of March 31, 2017, including approximately $81.3 billion in fixed-income securities, for a range of pension funds, financial institutions, investment trusts, unit trusts, offshore funds, charities and private clients. FORWARD-LOOKING STATEMENTS Certain statements made in this press release are forward-looking statements. Actual results or occurrences may differ significantly from those anticipated in any forward-looking statements due to numerous factors. __________________________________ CONTACT: Jeff Margolin - (630) 765-7643 SOURCE: First Trust/Aberdeen Global Opportunity Income Fund