Templeton Emerging Markets Income Fund T.TEI

Primary Symbol: TEI

Templeton Emerging Markets Income Fund (the Fund) is a closed-end management investment company. The Fund seeks high, current income, with a secondary goal of capital appreciation, by investing, under normal market conditions, at least 80% of its net assets in income-producing securities of sovereign or sovereign-related entities and private sector companies in emerging market countries. The Fund invests in bonds from emerging markets around the world to generate income for the Fund, seeking opportunities while monitoring changes in interest rates, currency exchange rates and credit risk. Its investment portfolio includes foreign government and agency securities, corporate bonds, convertible bonds, and short-term investments. Its markets are located in the Asia Pacific region, Eastern Europe, the Middle East, Central and South America and Africa. The Fund's investment manager is Franklin Advisers, Inc.

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Templeton Emerging Markets Income Fund > I3E

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Comment by Tony97on Jun 19, 2020 10:22am

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Post# 31169015

RE:RE:I3E

it appears the take over offer has passed a "fair play" procedure which you dont seriously seem to contest.

If you dont have the cash to pay off the debt - I3E can call in the chips and and aquire the outstanding shares for nothing. I assume Toscana shareholders would have to stump up additional funds to mount a legal challenge?

What is the solution?

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