<PAGE> 1
\
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13E-4
ISSUER TENDER OFFER STATEMENT
(Pursuant to Section 13 (e) (1) of the Securities Exchange Act of 1934)
(Amendment No. 1)
VAN KAMPEN SENIOR FLOATING RATE FUND
(Name of Issuer)
VAN KAMPEN SENIOR FLOATING RATE FUND
(Name of Person(s) Filing Statement)
Common Shares of Beneficial Interest, Par Value $0.01 per Share
(Title of Class of Securities)
920960-101
(CUSIP Number of Class of Securities)
A. Thomas Smith III, Esq.
Executive Vice President,
General Counsel and Secretary
Van Kampen Investments Inc.
1 Parkview Plaza
P.O. Box 5555
Oakbrook Terrace, Illinois 60181-5555
(630) 684-6000
(800) 421-5666
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications on Behalf of Person(s)
Filing Statement)
Copies to:
Wayne W. Whalen, Esq
Thomas A. Hale, Esq
Skadden, Arps, Slate, Meagher & Flom (Illinois)
333 West Wacker Drive
Chicago, Illinois 60606
(312) 407-0700
July 23, 1999
(Date Tender Offer First Published,
Sent or Given to Security Holders)
<PAGE> 2
This Amendment No. 1 to the Issuer's Tender Offer Statement on Schedule
13E-4 filed with the Securities and Exchange Commission on July 23, 1999 by Van
Kampen Senior Floating Rate Fund (the "Fund"), with respect to the tender offer
to purchase 9,750,918 of the Fund's outstanding common shares of beneficial
interest, par value $0.01 per share, amends such statement on Schedule 13E-4 to
add the following supplemental information: the number of common shares of
beneficial interest of the Fund validly tendered through the expiration date and
not withdrawn was 6,633,224. All 6,633,224 such shares were purchased in their
entirety at the price of $10.03 per share, the net asset value at the time the
offer expired. Payment for the shares was mailed prior to the date hereof. The
Schedule 13E-4 is hereby terminated.
Item 9. Material to Be Filed as Exhibits.
The following material is hereby filed as an additional Exhibit to the
Schedule 13E-4:
(a) (6) - Text of Completion Press Release dated September 3, 1999
<PAGE> 3
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.
VAN KAMPEN
SENIOR FLOATING RATE FUND
Dated: September 3, 1999 /s/ Dennis J. McDonnell
Dennis J. McDonnell
Executive Vice President, Chief Investment
Officer and Trustee
<PAGE> 4
EXHIBIT INDEX
Exhibit Description
*
(a) (1) (i) Advertisement printed in The Wall Street Journal
(a) (1) (ii) Offer to Purchase (including Financial Statements)*
(a) (2) Form of Letter of Transmittal (including Guidelines for
*
Certification of Tax Identification Number)
(a) (3) (i) Form of Letter to Brokers, Dealers, Commercial Banks, Trust
*
Companies and Other Nominees
(a) (3) (ii) Form of Letter to Clients of Brokers, Dealers, Commercial
*
Banks, Trust Companies and Other Nominees
*
(a) (3) (iii) Form of Letter to Selling Group Members
*
(a) (3) (iv) Form of Operations Notice
(a) (4) Form of Letter to Shareholders who have requested Offer to
*
Purchase
*
(a) (5) Text of Initial Press Release Dated July 23, 1999
(a) (6) Text of Completion Press Release Dated September 3, 1999
(b) Second Amendment and Restatement of Credit Agreement*
(c) (1) Investment Advisory Agreement*
*
(c) (2) Administration Agreement
*
(c) (3) Offering Agreement
(c) (4) Service Plan*
* Previously filed.
<PAGE> 1
EXHIBIT (a) (6)
Text of Press Release Dated September 3, 1999
FOR IMMEDIATE RELEASE CONTACT: James J. Boyne
(630) 684-6327
VAN KAMPEN SENIOR FLOATING RATE FUND
COMPLETES TENDER OFFER FOR ITS COMMON SHARES
OAKBROOK TERRACE, IL, September 3, 1999 -- Van Kampen Senior Floating
Rate Fund announced today the final results of its tender offer for
approximately seven percent of its outstanding common shares of beneficial
interest. The offer expired at 12:00 Midnight, Eastern Standard Time, on August
20, 1999.
The Fund said that 6,633,224 common shares, or approximately four and a
half percent of the Fund's common shares outstanding as of the expiration of the
tender offer, were validly tendered through the stated expiration date. All
6,633,224 common shares tendered were purchased at a price of $10.03 per common
share, the net asset value at the time the offer expired. Payment for the
shares purchased was mailed prior to the date hereof.
As indicated in the Fund's current prospectus, the Board of Trustees of
the Fund currently intends, each quarter, to consider authorizing the Fund to
make a tender offer for its common shares in order to attempt to provide
liquidity to its investors.
The Fund commenced operations on March 27, 1998 and had net assets of
approximately $1,538,785,710 as of August 20, 1999.
Van Kampen Senior Floating Rate Fund is advised and distributed by
subsidiaries of Van Kampen Investments Inc.("Van Kampen"), a diversified asset
management company with more than two million retail investor accounts,
extensive capabilities for managing institutional portfolios, and more than $75
billion under management or supervision. Van Kampen's more than 50 open-end and
39 closed-end funds and more than 2,500 unit investment trusts are
professionally distributed by leading financial advisers nationwide. Van Kampen
is an indirect wholly owned subsidiary of Morgan Stanley Dean Witter & Co.
