Morgan Stanley Global Opportunity Bond Fund, Inc. to Reorganize into Morgan Stanley Emerging Markets Debt Fund, Inc.
19 Giugno 2009 - 10:25PM
Business Wire
Morgan Stanley Global Opportunity Bond Fund, Inc. (NYSE: MGB)
(the �Fund�) announced today that its Board of Directors approved a
proposed reorganization of the Fund into Morgan Stanley Emerging
Markets Debt Fund, Inc. (NYSE: MSD), a non-diversified, closed-end
management investment company advised by the Fund�s investment
adviser, Morgan Stanley Investment Management Inc. (�MSIM�). The
proposed reorganization will be subject to approval by the Fund�s
stockholders of record as of September 4, 2009 at a meeting
scheduled for November 18, 2009.
The Fund is a non-diversified, closed-end management investment
company, the shares of common stock of which are listed on the New
York Stock Exchange. The Fund�s investment objective is to seek to
produce high current income and, as a secondary investment
objective, capital appreciation.
MSIM is a wholly owned subsidiary of Morgan Stanley and,
together with its investment advisory affiliates, has nearly
1,000�investment professionals around the world and over
$356�billion in assets under management or supervision as of
March�31, 2009. By leveraging its global �community of boutiques�
structure and the strength of Morgan Stanley, MSIM strives to
provide outstanding long-term investment performance, service and a
comprehensive suite of investment management solutions to a diverse
client base, which includes governments, institutions, corporations
and individuals worldwide.
Morgan Stanley (NYSE: MS) is a leading global financial services
firm providing a wide range of investment banking, securities,
investment management and wealth management services. The Firm�s
employees serve clients worldwide including corporations,
governments, institutions and individuals from more than
600�offices in 36�countries. For further information about Morgan
Stanley, please visit www.morganstanley.com.
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