SC TO-I 1 d28130dsctoi.htm SC TO-I SC TO-I

As filed with the Securities and Exchange Commission on August 25, 2020

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE TO

TENDER OFFER STATEMENT UNDER SECTION 14(d)(1) OR 13(e)(1)

OF THE SECURITIES EXCHANGE ACT OF 1934

 

 

BrandywineGLOBAL – Global Income Opportunities Fund Inc.

(Name of Subject Company (issuer))

 

 

BrandywineGLOBAL – Global Income Opportunities Fund Inc.

(Name of Filing Person (offeror))

Common Stock

$0.001 Par Value Per Share

(Title of Class of Securities)

10537L104

(CUSIP Number of Class of Securities)

GEORGE P. HOYT

SECRETARY AND CHIEF LEGAL OFFICER

100 FIRST STAMFORD PLACE

STAMFORD, CT 06902

(203) 703-7026

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications on Behalf of the Person(s) Filing Statement)

Copy to:

David W. Blass, Esq.

Ryan P. Brizek, Esq.

Simpson Thacher & Bartlett LLP

900 G Street, NW

Washington D.C. 20001

(202) 636-5500

 

 

CALCULATION OF FILING FEE

 

Transaction Valuation   Amount of Filing Fee
$58,309,651(a)   $7,568.59(b)
 

 

(a)

Estimated for purposes of calculating the amount of the filing fee only. Calculated as the aggregate maximum purchase price to be paid for 4,197,959 shares in the offer, based upon a price of $13.89 (99.5% of the net asset value per share of $13.96 on August 14, 2020).

 

(b)

Calculated at $129.80 per $1,000,000 of the Transaction Value, pursuant to Rule 0-11 of the Securities Exchange Act of 1934, as amended.

 

Check box if any part of the fee is offset as provided by Rule 0-11(a)(2) and identify the filing with which the offsetting fee was previously paid. Identify the previous filing by registration statement number, or the form or schedule and the date of its filing.

 

Amount Previously Paid:    Not applicable    Filing Party:    Not applicable
Form or Registration No.:    Not applicable    Date Filed:    Not applicable

 

Check box if the filing relates solely to preliminary communications made before the commencement of a tender offer.

Check the appropriate boxes to designate any transactions to which this statement relates:

 

 

third party tender offer subject to Rule 14d-1

 

issuer tender offer subject to Rule 13e-4

 

going-private transaction subject to Rule 13e-3

 

amendment to Schedule 13D under Rule 13d-2

Check the following box if the filing is a final amendment reporting the results of the tender offer. ☐

 

 

 


ITEMS 1 THROUGH 9 AND ITEM 11

This Issuer Tender Offer Statement on Schedule TO relates to an offer by BrandywineGLOBAL — Global Income Opportunities Fund Inc., a Maryland corporation (the “Fund”), to purchase for cash up to 20% of its issued and outstanding shares of common stock, par value $0.001 per share, for cash at a price per share equal to 99.5% of the Fund’s net asset value per share as of the close of regular trading session on the New York Stock Exchange (“NYSE”) on September 23, 2020 (or if the Offer is extended, on the next trading day after the day to which the Offer is extended), upon the terms and subject to the conditions contained in the Offer to Purchase dated August 25, 2020 and the related Letter of Transmittal, which are filed as exhibits to this Schedule TO. The information set forth in the Offer to Purchase and the related Letter of Transmittal is incorporated herein by reference with respect to Items 1 through 9 and Item 11 of this Schedule TO.

ITEM 10. FINANCIAL STATEMENTS

(a) The information in the Offer to Purchase in Section 9 (“Selected Financial Information”) is incorporated herein by reference.

(b) Not applicable.

ITEM 12. EXHIBITS

 

EXHIBIT NO.

 

DESCRIPTION

(a)(1)(i)   Offer to Purchase, dated August 25, 2020.
(a)(1)(ii)   Form of Letter of Transmittal.
(a)(1)(iii)   Form of Letter to Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees.
(a)(1)(iv)   Form of Letter to Clients of Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees.
(a)(1)(v)   Form of Letter to Stockholders.
(a)(2)   None.
(a)(3)   Not Applicable.
(a)(4)   Not Applicable.
(a)(5)   Press Release issued on August 14, 2020(1)
(b)   None.
(d)   None.
(e)   None.
(g)   None.
(h)   None.

 

(1)

Previously filed on Schedule TO-C via EDGAR on August 14, 2020.

ITEM 13. INFORMATION REQUIRED BY SCHEDULE 13E-3

Not applicable.

 

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SIGNATURE

After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

BRANDYWINEGLOBAL – GLOBAL INCOME OPPORTUNITIES FUND INC.
By:  

/s/ Jane Trust

  Name: Jane Trust
  Title: Chairman, Chief Executive Officer and President

Dated: August 25, 2020

 

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EXHIBIT INDEX

 

(a)(1)(i)   Offer to Purchase, dated August 25, 2020.
(a)(1)(ii)   Form of Letter of Transmittal.
(a)(l)(iii)   Form of Letter to Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees.
(a)(1)(iv)   Form of Letter to Clients for use by Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees.
(a)(1)(v)   Form of Letter to Stockholders.

 

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