Gamco Investors gets tenders for $75.78 million 5.875% notes due 2021

By Susanna Moon

Chicago, Dec. 29 – Gamco Investors, Inc. holders had tendered $75,775,000 of its $100 million of outstanding 5.875% senior notes due June 1, 2021 in the offer that ended at 5 p.m. ET on Dec. 28, according to a company news release.

As previously announced, the purchase price will be $1,010 for each $1,000 principal amount of notes plus accrued interest up to but excluding the settlement date.

The tender offer had been extended from 5 p.m. ET on Dec. 17.

Investors had tendered $55.55 million principal amount of notes as of 5 p.m. ET on Dec. 16.

Gamco Investors is based in Rye, N.Y. It manages private advisory accounts through Gamco Asset Management Inc., mutual funds and closed-end funds through Gabelli Funds, LLC and partnerships and offshore funds through Gabelli Securities, Inc.

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