Company: WIA
Filing Date: 2025-01-28
Form Type: N-CSR
Source: 0001133228-25-000566
Chunk: 34

Company: WESTERN ASSET INFLATION-LINKED INCOME FUND
Filing Date: 2025-01-28
Form: N-CSR
Chunk 34
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3 | In some instances, the actual collateral received and/or pledged may be more than          
 the amount shown here dueto overcollateralization.                                         |
| 4 | Net amount may also include forward foreign currency exchange contracts that are not       
 required to becollateralized.                                                              |
| 5 | Represents the net amount receivable (payable) from (to) the counterparty in the event     
 of default.                                                                                |

44 Western Asset Inflation-Linked Income Fund 2024 Annual Report

5. Tender offer On November 24, 2020, the Fund announced that the Fund’s Board of Trustees had approved a cash tender offer for up to 20% of the Fund’s outstanding common shares (the “Shares”) at a price per Share equal to 99% of the Fund’s net asset value per Share as of the business day immediately following the expiration date of the tender offer. On November 25, 2020, the Fund commenced its tender offer. On December 28, 2020, the tender offer expired. Pursuant to the terms of the tender offer, the Fund repurchased Shares tendered and accepted in the tender offer in exchange for cash. On December 30, 2020, the Fund announced the final results of the tender offer. A total of 20,871,974 Shares were duly tendered and not withdrawn. Because the number of Shares tendered exceeded 5,830,564 Shares, the tender offer was oversubscribed. Therefore, in accordance with the terms and conditions specified in the tender offer, the Fund purchased Shares from all tendering shareholders on a pro rata basis, disregarding fractions. Payment for such shares was made on December 31, 2020. The purchase price of properly tendered Shares was $13.99 per Share, equal to 99% of the per Share net asset value of $14.13 as of the close of the regular trading session on the New York Stock Exchange on December 29, 2020. Shares that were not tendered remain outstanding. 6. Distributions subsequent to November 30, 2024 The following distributions have been declared by the Fund’s Board of Trustees and are payable subsequent to the period end of this report:

| Record Date | Payable Date |  Amount |
| 12/23/2024  | 12/31/2024   | $0.0500 |
| 1/24/2025   | 1/31/2025