SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13E-4/A
(Amendment No. 2)
ISSUER TENDER OFFER STATEMENT
(Pursuant to Section 13(e)(1) of the Securities Exchange Act of 1934)
MUNICIPAL MORTGAGE AND EQUITY, L.L.C.
(Name of Issuer)
MUNICIPAL MORTGAGE AND EQUITY, L.L.C.
(Name of Person(s) Filing Statement)
Series I Preferred Shares
Series II Preferred Shares
Series I Preferred Capital Distribution Shares
Series II Preferred Capital Distribution Shares
(Title of Class of Securities)
Series I Preferred Shares - 62624B200
Series II Preferred Shares - 62624B408
Series I Preferred Capital Distribution Shares - 62624B309
Series II Preferred Capital Distribution Shares - 62624B507
(CUSIP Number of Class of Securities)
Mark K. Joseph
Chief Executive Officer and Chief Financial Officer
Municipal Mortgage and Equity, L.L.C.
218 North Charles Street, Suite 500
Baltimore, Maryland 21201
(410) 962-8044
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications on Behalf of Person(s) Filing
Statement)
Frank R. Goldstein, Esquire
Brown & Wood LLP
815 Connecticut Avenue, N.W.
Washington, D.C. 20006
(202) 973-0600
November 26, 1997
(Date Tender Offer First Published,
Sent or Given to Security Holders)
Calculation of Filing Fee
Transaction Valuation* Amount of Filing Fee**
$4,211,517 $842.30
* The transaction value shown is only for the purpose of calculating the
filing fee. The amount shown reflects the cost of purchasing for
$4,211,517 the securities offered to be purchased. The amount of the filing
fee is calculated in accordance with Section 13(e)(3) of the Securities
Exchange Act of 1934, as amended.
** The filing fee was paid prior to the filing of the Schedule 13E-4.
[ ] Check box if any part of the fee is offset as provided by Rule
0-11(a)(2) and identify the filing with which the offsetting fee was
previously paid. Identify the previous filing by registration
statement number, or the Form or Schedule and the date of its filing.
Amount Previously Paid: Filing Party:
Form or Registration No.: Date Filed:
<PAGE>
INTRODUCTORY STATEMENT
This Amendment No. 2 to the Schedule 13E-4 filed by Municipal
Mortgage and Equity, L.L.C., a Delaware limited liability company
("MuniMae"), which was originally filed with the Securities and Exchange
Commission on November 26, 1997, relates to MuniMae's offer (the
"Offer") to purchase for cash, on the terms and subject to the conditions set
forth in the Offer to Purchase, dated November 26, 1997 and the related
Letter of Transmittal, up to 3,266 Series I Preferred Shares, 1,528 Series II
Preferred Shares, 1,782 Series I Preferred Capital Distribution ("CD")
Shares and 762 Series II Preferred CD Shares.
This Amendment No. 2 constitutes the final amendment pursuant to
Rule 13e-4(c)(3) under the Securities Exchange Act of 1934, as amended,
and General Instruction D of Schedule 13E-4.
The Offer terminated at 12:00 midnight, Eastern time, on December 26,
1997. Pursuant to the Offer, 739 Series I Preferred Shares were tendered
and purchased at the price of $593.43 per share, 287 Series II Preferred
Shares were tendered and purchased at the price of $711.77 per share, 589
Series I Preferred CD Shares were tendered and purchased at the price of
$448.77 per share, 274 Series II Preferred CD Shares were tendered and
purchased at the price of $506.67 per share. The aggregate purchase price
for all the shares purchased was $1,045,975.87.
SIGNATURE
After due inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Municipal Mortgage and Equity, L.L.C.
By: /s/ Mark K. Joseph
Name: Mark K. Joseph
Title: Chairman and CEO
Dated: January 9, 1998
<PAGE>
Brown & Wood LLP
815 Connecticut Avenue, N.W.
Washington, D.C. 20006-4004
Telephone: (202) 973-0600
Facsimile: (202) 223-0485
VIA ELECTRONIC FILING
January 12, 1998
Securities and Exchange Commission
450 Fifth Street, N.W.
Judiciary Plaza
Washington, D.C. 20549
Re: Municipal Mortgage and Equity,
L.L.C.
Amendment No. 2 to Issuer Tender Statement
on Schedule 13E-4
Ladies and Gentlemen:
On behalf of Municipal Mortgage and Equity, L.L.C. ("MuniMae"),
transmitted herewith for filing pursuant to Section 13(e)(1) of the
Securities Exchange Act of 1934 and Rule 13e-4(c)(3) thereunder is
Amendment No. 2 to the Issuer Tender Offer Statement of MuniMae on
Schedule 13E-4. Amendment No. 2 constitutes the final amendment
reporting the results of the issuer tender offer. The tender offer
commenced on November 26, 1997 and terminated on December 26, 1997.
Please direct any comments or questions with respect to this filing to
the undersigned at (202) 973-0654.
Very truly yours,
/s/ R. Nicholas Singh
Enclosure
