Morgan Stanley Asia-Pacific Fund, Inc. Announces Final Results of Tender Offer
18 June 2013 - 6:30AM
Business Wire
Morgan Stanley Asia-Pacific Fund, Inc. (NYSE: APF) (the “Fund”)
announced today that, in accordance with its tender offer for up to
929,904 of its issued and outstanding shares of common stock, which
expired on June 10, 2013, the Fund has accepted 929,904 shares for
payment on June 18, 2013 at $17.53 per share, which is equal to 98
percent of the Fund’s net asset value per share as of the close of
regular trading on the New York Stock Exchange on June 11,
2013. The 929,904 shares represent 5 percent of the Fund’s
outstanding shares. A total of 10,495,077 shares were properly
tendered and not withdrawn by June 10, 2013, the final date
for withdrawals. Therefore, on a pro rated basis, after making the
odd-lot adjustment, approximately 6.16 percent of the shares so
tendered by each tendering stockholder have been accepted for
payment.
Morgan Stanley Investment Management, together with its
investment advisory affiliates, has over 550 investment
professionals around the world and $341 billion in assets under
management or supervision as of March 31, 2013. MSIM strives to
provide outstanding long-term investment performance, service and a
comprehensive suite of investment management solutions to a diverse
client base, which includes governments, institutions, corporations
and individuals worldwide.
Morgan Stanley is a leading global financial services firm
providing a wide range of investment banking, securities,
investment management and wealth management services. The Firm’s
employees serve clients worldwide including corporations,
governments, institutions and individuals from more than 1,200
offices in 43 countries. For further information about Morgan
Stanley, please visit www.morganstanley.com.
This press release shall not constitute an offer to sell or
the solicitation of an offer to buy nor shall there be any
sale of the securities in any state in which such offer,
solicitation or sale would be unlawful under the securities
laws of any such state.
Investing involves risk and it is possible to lose money on
any investment in the Fund.
Morgan Stanley Asia-Pacific Fund, Inc.800-231-2608
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