Liquidation: BNY MELLON MUNICIPAL INCOME, INC.
Form Type: N-23C-2
Filing Date: 2025-03-07
Corporate Action: Liquidation
Type: New
Accession Number: 000113743925000175
Filing Summary: BNY Mellon Municipal Income, Inc. filed a Notice of Intention to Redeem Securities under Rule 23c-2 of the Investment Company Act of 1940. The Fund will redeem all 1,209 issued and outstanding Variable Rate MuniFund Term Preferred Shares, Series 2023-1, with a liquidation preference of $25,000 per share, scheduled to occur on or about April 2, 2025. The Fund maintains the discretion to postpone or cancel the redemption based on market conditions or other determinations. The redemption is governed by Section 2.6(c)(i) of the Articles Supplementary of the Fund.
Document Link: View Document
Additional details:
Title Of Security: Variable Rate MuniFund Term Preferred Shares, Series 2023-1
Date Expected Redemption: 2025-04-02
Number Of Shares: 1,209
Governing Instrument Provision: Section 2.6(c)(i) of the Articles Supplementary
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