Dreyfus Municipal Bond Infrastructure Fund, Inc. Announces Variable Rate Muni Term Preferred Shares Actions
27 January 2018 - 8:21AM
Business Wire
Dreyfus Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB)
announced today the extension of the term redemption date of the
Fund's Series W-7 Variable Rate Muni Term Preferred Shares
("VMTPS") until February 1, 2021, as well as a reduction in the
spread over the SIFMA Municipal Swap Index effective January 31,
2018. The Fund also announced that, effective February 1, 2018, the
VMTPS would no longer be rated by Moody's Investor Services, Inc.
The VMTPS continue to be rated AAA by Fitch Ratings, Inc.
This press release is neither an offer to sell nor a
solicitation of an offer to buy the VMTPS. No VMTPS have been
registered under the Securities Act of 1933, as amended (the
"Securities Act") or any state securities laws. Unless so
registered, no VMPTS may be offered or sold in the United States
except pursuant to an exemption from the registration requirements
of the Securities Act and applicable state securities laws, as well
as subject to certain transfer restrictions.
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version on businesswire.com: http://www.businesswire.com/news/home/20180126005656/en/
For Press Inquiries:The Dreyfus CorporationBenjamin
Tanner212-635-8676orFor Other Inquiries:MBSC Securities
CorporationThe National Marketing Desk200 Park AvenueNew York, New
York 101661-800-334-6899
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