Western Asset Managed Municipals Fund Inc. Announces Completion of Merger and Share Conversion Price
Summary
The conversion price was based on each Fund’s net asset value (NAV) per share calculated at the close of business on Friday, October 13, 2023. Both LMPFA and Western Asset are indirect, wholly-owned subsidiaries of Franklin Resources, Inc. For more information, please call Investor Relations on 1-888-777-0102, or consult each Fund’s website at www.franklintempleton.com/investments/options/closed-end-funds. ADDITIONAL INFORMATION CONCERNING SUCH RISKS AND UNCERTAINTIES IS CONTAINED IN EACH FUND’S FILINGS WITH THE SECURITIES AND EXCHANGE COMMISSION. With a focus on long-term fundamental value investing that employs a top-down and bottom-up approach, the firm has nine offices around the globe and deep experience across the range of fixed-income sectors. Through its specialist investment managers, the company offers specialization on a global scale, bringing extensive capabilities in fixed income, equity, alternatives and multi-asset solutions.