NAPERVILLE, Ill., June 10 /PRNewswire-FirstCall/ -- Calamos Investments announced today redemption dates for all outstanding Auction Rate Preferred Securities (ARPS) for the Calamos Strategic Total Return Fund . Series, CUSIP and redemption date specifics are shown in the table below:
Series CUSIP Redemption Date M 128125200 June 23, 2009 TU 128125309 June 24, 2009 W 128125408 June 25, 2009 TH 128125507 June 26, 2009 F 128125606 June 29, 2009 A 128125705 June 25, 2009 B 128125804 June 26, 2009
Calamos filed a Rule 23c-2 notice on June 8, 2009 which details the redemption dates for the CSQ ARPS. The filing can be found on the SEC website at http://www.sec.gov/Archives/edgar/data/1275214/000095012309012052/c51743nv23cv 2.htm.
On May 19, 2009, Calamos announced that it had received Board approval and intends to complete refinancing of all outstanding auction rate preferred securities for Calamos Convertible Opportunities and Income Fund , Calamos Convertible and High Income Fund , Calamos Global Dynamic Income Fund , as well as Calamos Strategic Total Return Fund .
Calamos will release details surrounding the timing of the refinancing of the last three funds and their respective series shortly. Currently, the company anticipates that redemptions will occur over the course of the next few months.
About Calamos Asset Management, Inc.
Calamos Asset Management, Inc. is a globally diversified investment firm offering equity, fixed-income, convertible and alternative investment strategies, among others. The firm serves institutions and individuals around the world via separately managed accounts and a family of open-end and closed-end funds, providing a risk-managed approach to capital appreciation and income-producing strategies. For more information, visit http://www.calamos.com/
From time to time, information or statements provided by us, including those within this news release, may contain certain forward-looking statements relating to future events, future transactions, future financial performance, future potential costs, expectations, the competitive and regulatory environment and future market conditions. Forward-looking statements are based on information available at the time those statements are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Such risks and uncertainties include, but are not limited to: catastrophic or unpredictable events, changing costs of leverage, strategy implementation obstacles, fluctuations in the financial markets and the competitive conditions in the fund, asset management and broader financial services sectors and other risks inherent in the financial and trading markets, including liquidity issues.
Calamos Asset Management, Inc.
CONTACT: Scott Henderson, Associate Vice President of Calamos
Investments, +1-630-245-7223, shenderson@calamos.com
Web Site: http://www.calamos.com/
