SC TO-I/A 1 p23-2780sctoia.htm TEMPLETON GLOBAL INCOME FUND

As filed with the Securities and Exchange Commission on November 13, 2023

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

SCHEDULE TO

(Amendment No. 4)

TENDER OFFER STATEMENT

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

Securities Exchange Act of 1934)

Templeton Global Income Fund

(Name of Issuer)

Templeton Global Income Fund

(Names of Filing Person(s) (Issuer))

Common Shares of Beneficial Interest, no par value

(Title of Class of Securities)

880198106

(CUSIP Number of Class of Securities)

Garry Khasidy, Trustee and Chair of the Special Committee

c/o Templeton Global Income Fund

300 S.E. 2nd Street

Fort Lauderdale, Florida 33301-1923

(954) 527-7500

 

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications
on Behalf of Filing Person(s))

Copies to:

 

 

David A. Curtiss, Esq.

Schulte Roth & Zabel LLP

919 Third Avenue

New York, New York 10022

(212) 756-2000

 

 
 

 

 

 

 

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

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

 o   third party tender offer subject to Rule 14d-1

 

 x   issuer tender offer subject to Rule 13e-4

 

 o   going-private transaction subject to Rule 13e-3

 

 o   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:

 o   Rule 13e-4(i) (Cross-Border Issuer Tender Offer)

 

 o   Rule 14d-1(d) (Cross-Border Third-Party Tender Offer)
 
 

 

Templeton Global Income Fund Announces Final Results of Tender Offer

 

New York, NY – November 13, 2023 – Templeton Global Income Fund (NYSE: GIM) (the “Fund”) today announced final results of its tender offer (the "Tender Offer") to purchase for cash up to 45% of its outstanding common shares (the "Shares").

 

The Tender Offer, which expired on November 9, 2023 at 5:00 p.m. Eastern Time, was oversubscribed.

 

Therefore, in accordance with the terms and conditions of the Tender Offer, the Fund will purchase Shares from all tendering shareholders on a pro rata basis, after disregarding fractions, 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
Shares
Tendered
Number of
Tendered Shares
to be Purchased
Pro-Ration
Factor
Purchase
Price*
70,503,168 46,221,447 0.655593461 $4.19

 

* Equal to 99% of the Fund’s net asset value per Share as determined as of the close of the regular trading session of the New York Stock Exchange on November 9, 2023 (the day on which the Tender Offer expired).

 

Questions regarding the Tender Offer may be directed to Campaign Management LLC, the Information Agent for the Tender Offer, toll free at 1-855-434-5243.

 

The offer to purchase and other documents filed by the Fund with the U.S. Securities and Exchange Commission (SEC) are available without cost at the SEC’s website at www.sec.gov or by calling 800-342-5236.

 

Contacts

Longacre Square Partners
Greg Marose / Kate Sylvester, 646-386-0091
gmarose@longacresquare.com / ksylvester@longacresquare.com