Exhibit (a)(1)(iv)
This announcement is not an offer to purchase or solicitation of offers to sell Shares. The Offer is made only by the Offer to Purchase dated October 23, 2009, and the related Letter of Transmittal. The Offer is not being made to, nor will tenders be accepted from or on behalf of, holders of Shares in any jurisdiction in which making or accepting the Offer would violate that jurisdiction’s laws.
Hyperion Brookfield Income Fund, Inc.
Notice of Offer to Purchase for Cash
17,800,000 of its Issued and Outstanding Shares
at Net Asset Value Per Share
THE EXPIRATION DATE AND THE WITHDRAWAL DEADLINE FOR THE OFFER
IS 11:59 P.M., EASTERN TIME ON FRIDAY, NOVEMBER 20, 2009, UNLESS EXTENDED.
Hyperion Brookfield Income Fund, Inc. (the “Fund”) is offering to purchase up to 17,800,000 of its issued and outstanding shares of common stock, par value $.001 per share (the “Shares”) at a price equal to their net asset value (“NAV”) as of the close of business on the New York Stock Exchange on the Expiration Date, November 20, 2009, unless extended, upon the terms and conditions set forth in the Offer to Purchase dated October 23, 2009 (the “Offer”). The NAV on September 30, 2009 was $0.67421 per Share.
The purpose of the Offer is to provide liquidity to the Fund’s stockholders, since the Fund’s shares are not sold on a secondary market. The Offer is not conditioned upon the tender of any minimum number of Shares.
If more than 17,800,000 Shares are duly tendered prior to the expiration of the Offer, assuming no changes in the factors originally considered by the Fund’s Board of Directors when it determined to make the Offer, the Fund will either (1) extend its Offer period, if necessary, and increase the number of Shares that the Fund is offering to purchase to an amount which it believes will be sufficient to accommodate the excess Shares tendered, as well as any Shares tendered during the extended Offer period, or (2) purchase 17,800,000 Shares (or such larger number of Shares sought), on a pro rata basis.
Shares tendered pursuant to the Offer may be withdrawn at any time prior to 11:59 p.m., Eastern time on Friday, November 20, 2009, unless the offer is extended, and, if not yet accepted for payment by the Fund, Shares may also be withdrawn after Friday, December 18, 2009.
The information required to be disclosed by paragraph (d)(1) of Rule 13e-4 under the Securities Exchange Act of 1934, as amended, is contained in the Offer to Purchase and is incorporated herein by reference.
The Offer to Purchase and the related Letter of Transmittal for the Fund contain important information that should be read carefully before any decision is made with respect to the Offer.
Questions and requests for assistance or for copies of the Offer to Purchase, the Fund’s Letter of Transmittal, and any other tender offer documents, may be directed to Jonathan Tyras at the address below or telephone number 1-800-497-3746. Copies will be furnished promptly at no expense to you and also may be obtained by completing and returning the coupon below to Hyperion Brookfield Income Fund, Inc.
1-800-497-3746
Mail to: | Hyperion Brookfield Income Fund, Inc. |
Three World Financial Center
200 Vesey Street, 10th Floor
New York, NY 10281-1010
Attn: Jonathan Tyras
¨ | Please send me Hyperion Brookfield Income Fund, Inc. Tender Offer materials |
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October 23, 2009 Brookfield Investment Management Inc.