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PRESS RELEASE from provider: Business Wire
This content is a press release from our partner Business Wire. The AP newsroom and editorial departments were not involved in its creation.

The Mexico Equity and Income Fund, Inc. Announces Results of Tender Offer

February 19, 2019

NEW YORK--(BUSINESS WIRE)--Feb 19, 2019--The Mexico Equity and Income Fund, Inc. (NYSE: MXE) (the “Fund”) today announced that its offer to purchase up to 1,723,866 shares of the Fund at 99% of the net asset value (“NAV”) per share as determined at the close of the regular trading session of the New York Stock Exchange on February 15, 2019 expired at 5:00 p.m., Eastern Time on February 15, 2019. Based on information provided by Broadridge, Inc., the depository for the offer, a total of 4,892,653 shares or approximately 70.95% of the Fund’s outstanding shares were validly tendered. As the total number of shares tendered exceeds the number of shares the Fund offered to purchase, approximately 35.23% of the shares tendered by each tendering shareholder were accepted for payment at a price of $11.58 per share (99% of the NAV of $11.70).

For information, please contact: U.S. Bancorp Fund Services, LLC (1-877-785-0376).

View source version on businesswire.com:https://www.businesswire.com/news/home/20190219005599/en/

CONTACT: U.S. Bancorp Fund Services, LLC

John Buckel, 414-765-4255

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE OTHER PROFESSIONAL SERVICES

SOURCE: The Mexico Equity and Income Fund, Inc.

Copyright Business Wire 2019.

PUB: 02/19/2019 09:27 AM/DISC: 02/19/2019 09:28 AM

http://www.businesswire.com/news/home/20190219005599/en