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Pimco New York Municipal Income Fund III V.PYN


Primary Symbol: PYN

PIMCO New York Municipal Income Fund III (the Fund) is a non-diversified closed-end management investment company. The Fund's primary investment objective is to seek to provide current income exempt from federal and California income tax. Under normal circumstances, the Fund invests at least 90% of its net assets in municipal bonds which pay interest that is exempt from regular federal, New York State and New York City income. The Fund may invest up to 20% of its total assets in investments the interest from which is subject to the federal alternative minimum tax. The Fund also invests at least 80% of its net assets in municipal bonds that at the time of investment are investment grade quality. Pacific Investment Management Company LLC (PIMCO) serves as the Fund's investment manager.


NYSE:PYN - Post by User

Post by jaclameron Aug 29, 2012 11:15pm
319 Views
Post# 20277609

Poynt News on Sedar

Poynt News on Sedar

POYNT CORPORATION RECEIVES EXTENSION TO CREDITOR PROTECTION IN ORDER TO WORK

TOWARDS CLOSING DEBTOR-IN-POSSESSION FINANCINGS

Calgary, Canada—August 27, 2012

 

 

— Poynt Corporation (TSX-V: PYN) (“Poynt Corp.” or the

“Company”), a global leader in mobile local search and advertising, today announced that the

Court of Queen’s Bench of Alberta (the “Court”) granted an order extending its creditor

protection until Thursday, August 30, 2012. The extension will allow the Company additional time

to work towards closing additional debtor-in-possession (“DIP”) financings.

Hardie & Kelly Inc. of Calgary, Alberta, is the trustee appointed for the Company's Notice of

Intention to File a Proposal under the

 

Bankruptcy and Insolvency Act (Canada).

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