Tender Offers for Federated Hermes Project & Trade Finance Tender Fund

Form Type: SC TO-I

Filing Date: 2024-08-23

Corporate Action: Tender-offer

Type: Update

Accession Number: 000162363224001311

Comments: The Federated Hermes Project and Trade Finance Tender Fund has initiated a tender offer to repurchase common shares of beneficial interest from its shareholders. The offer is scheduled to expire on September 23, 2024, unless extended. The fund has stated its intention to repurchase shares up to $39,189,650.35, which equates to 5% of the net assets of the fund as of August 9, 2024. Payments for the shares repurchased will be made within five business days after the expiration date. The offer's purpose is to provide liquidity to its shareholders, and it is subject to certain terms and conditions outlined in the Offer to Repurchase. Shareholders have the right to withdraw their tenders prior to the expiration date.

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Form Type: SC TO-I/A

Filing Date: 2024-08-23

Corporate Action: Tender-offer

Type: Update

Accession Number: 000162363224001314

Comments: The Federated Hermes Project and Trade Finance Tender Fund filed a final amendment to a tender offer statement. This document pertains to an issuer tender offer subject to Rule 13e-4. The tender offer was initially filed with the SEC on May 23, 2024, proposing to repurchase common shares for up to $34,969,128.97. However, no shares were tendered or accepted as of the net asset value determination date, June 24, 2024. The filing indicates the conclusion of the offer without any shares being repurchased, finalized on August 23, 2024.

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Form Type: SC TO-I

Filing Date: 2024-02-23

Corporate Action: Tender-offer

Type: New

Accession Number: 000162363224000266

Comments: Federated Hermes Project and Trade Finance Tender Fund is launching a tender offer to repurchase up to 5% of its net assets as of February 9, 2024, totaling approximately $30,257,558.78. The offer commenced on February 23, 2024, and the expiration date is set for March 22, 2024. The shares will be repurchased based on the net asset value per share, calculated to be $9.96 as of February 9, 2024. The offer aims to provide liquidity to shareholders, with payment made within five business days post-expiration date. Shareholders have the option to withdraw offers until the expiration date.

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