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03.05.2013 22:31:00
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Moody's assigns Aa1/P-1 and Aa1/P-2 ratings to two series of preferred shares issued by Nuveen AMT-Free Municipal Income Fund post merger
New York, May 03, 2013 -- Moody's Investors Service ("Moody's") has assigned Aa1 long-term ratings and P-1 and P-2 short-term ratings to two series of Variable Rate Demand Preferred (VRDP) shares to be issued by the Nuveen AMT-Free Municipal Income Fund (Ticker: NEA). The preferred shares will be issued in connection with the merger of two municipal national closed-end funds into NEA. Pursuant to the terms of the reorganization, NEA will issue the new preferred shares in exchange for outstanding preferred shares of the two acquired funds.
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