Company: MMT
Filing Date: 2025-12-12
Form Type: PRE 14A
Source: 0000930413-25-003631
Chunk: 6

Company: MFS MULTIMARKET INCOME TRUST
Filing Date: 2025-12-12
Form: PRE 14A
Chunk 6
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 be exchanged for new common shares of such Trust with an equal aggregate net asset value (except for cash
received in lieu of any fractional shares). The proposed reorganization of VFL is subject to additional contingencies as described in greater detail in the Proxy Statement and in the applicable Target

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Funds Prospectus/Proxy Statement. In addition, each Target Municipal Fund, except for VFL, has one series of Remarketable Variable Rate MuniFund
Term Preferred Shares (“”) outstanding. As part of the Municipal Fund Mergers, the outstanding
RVMTP Shares of the Target Municipal Funds, except for VFL, will, in effect, be exchanged for RVMTP Shares of MFM with an aggregate
liquidation preference equal to, and other terms that are substantially identical to, the RVMTP Shares of each such Target Fund.
If MMT or MFM shareholders do not approve their Share Issuance Proposal, the Taxable Fund Mergers, with the exception of CIF’s
Reorganization, or the Municipal Fund Mergers, as applicable, will not occur. The accompanying Proxy Statement provides additional
information about the Reorganizations.

With respect to the New Management Agreement
Proposal and the New Board Proposal, Aberdeen would become the new investment adviser for a Trust and the new Trustees would take
office for a Trust (the appointment of the new investment adviser and the new Trustees, collectively, the “”) only if (a) the applicable Share Issuance Proposal is approved by shareholders of such Trust,
(b) the New Management Agreement Proposal is approved by shareholders of such Trust, (c) the New Board Proposal is approved by
shareholders of such Trust, (d) the Reorganizations are approved by shareholders of certain corresponding Target Funds and (e)
certain other conditions as stated in the Purchase Agreement are satisfied or waived (each of (a), (b), (c), (d), and (e) a “”). With respect to Transaction Condition (d), under the terms of the Purchase Agreement, the Proposed Board
and Management Changes will not take effect for MMT unless the Reorganizations of MIN and MCR, respectively, with and into MMT
have occurred, and the Proposed Board and Management Changes will not take effect for MFM unless the Reorganization of CXE with
and into MFM has occurred. If any Transaction Condition is not satisfied for a Trust, the Transaction and the Proposed Board and
Management Changes will not be completed for such Trust, in which case M