BNY Mellon Municipal Bond InfrstrcFndInc
240 E Greenwich St
Phone: (212) 922-6400p:212 922-6400 NEW YORK, NY  10007-2470  United States Ticker: DMBDMB

BNY Mellon Municipal Bond Infrastructure Fund (NYSE: DMB) Announces Sale of $75 Million of Remarketable Variable Rate MuniFund Term Preferred Shares

NEW YORK, Oct. 16 -- BNY Mellon Municipal Bond Infrastructure Fund issued the following news release:

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) announced today the successful sale of $75 million Remarketable Variable Rate MuniFund Term Preferred Shares (“RVMTP Shares”) between two “qualified institutional buyers” as defined in Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), pursuant to an offering exempt from registration under the Securities Act.

The Fund posts certain information at, including asset coverage and leverage ratios (within 5 business days of the last day of each month) and a fact sheet containing certain statistical information (within 15 business days of the last day of each month).

Source: BNY Mellon Municipal Bond Infrastructure Fund

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Tuesday, October 27, 2020