Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

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Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

Templeton Global Income Fund Announces Final Results of Tender Offer

Templeton Global Income Fund (NYSE: GIM) (the “Fund”) today announced final results of its tender offer (the "Tender Offer") to purchase for cash up to 45% of its outstanding common shares (the "Shares").

The Tender Offer, which expired on November 9, 2023 at 5:00 p.m. Eastern Time, was oversubscribed.

Therefore, in accordance with the terms and conditions of the Tender Offer, the Fund will purchase Shares from all tendering shareholders on a pro rata basis, after disregarding fractions, based on the number of Shares properly tendered (“Pro-Ration Factor”). The final results of the Tender Offer are provided in the table below.

Number of

Shares

Tendered

Number of

Tendered Shares

to be Purchased

Pro-Ration

Factor

Purchase

Price*

70,503,168

46,221,447

0.655593461

$4.19

* Equal to 99% of the Fund’s net asset value per Share as determined as of the close of the regular trading session of the New York Stock Exchange on November 9, 2023 (the day on which the Tender Offer expired).

Questions regarding the Tender Offer may be directed to Campaign Management LLC, the Information Agent for the Tender Offer, toll free at 1-855-434-5243.

The offer to purchase and other documents filed by the Fund with the U.S. Securities and Exchange Commission (SEC) are available without cost at the SEC’s website at www.sec.gov or by calling 800-342-5236.

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