Western Asset High Income Fund II Inc. announces an Equity Buyback for 35% of its issued share capital.
October 19, 2020 at 12:00 am EDT
Western Asset High Income Opportunity Fund Inc. announces a share repurchase program. Under the program, the company will repurchase up to 35% of its outstanding common stock. The purpose of this Offer is to provide liquidity to stockholders. The program will expire on November 16, 2020, unless extended. As of September 30, 2020, there were 84,238,872 shares issued and outstanding.
Computershare Trust Company, N.A acted as Depositary and Georgeson LLC acted as Information Agent.