PITTSBURGH, Sept. 18, 2019 /PRNewswire/ — Federated Premier Municipal Income Fund (NYSE:FMN) today announced that its Board of Trustees has approved and it has commenced a voluntary tender offer for up to 100% of its outstanding auction market preferred shares (AMPS). The tender offer is at a price equal to 99% of the AMPS’ per share liquidation preference of $25,000 ($24,750 per share) plus any unpaid dividends accrued through the expiration date of the tender offer. The tender offer will expire on October 17, 2019, at 5 p.m. Eastern time. Additional terms and conditions of the tender offer are set forth in the fund’s tender offer materials, which are being distributed to AMPS holders. Any questions about the tender offer can be directed to the fund’s information agent Deutsche Bank Trust Company Americas at toll free 877-843-9767.
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