MERRILL LYNCH HIGH INCOME MUNICIPAL BOND FUND INC
SC 13E4/A, 1996-08-23
Previous: MUNICIPAL SEC TR MULTI STATE SER 40 SER 49 & 77TH DISCOUNT S, 24F-2NT, 1996-08-23
Next: MERRILL LYNCH HIGH INCOME MUNICIPAL BOND FUND INC, SC 13E4/A, 1996-08-23



   As filed with the Securities and Exchange Commission on August 23, 1996
                                          Securities Act File No. 33-50861
                                   Investment Company Act File No. 811-6156
                                                                           



                      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

             MERRILL LYNCH HIGH INCOME MUNICIPAL BOND FUND, INC.
                               (Name of Issuer)

             MERRILL LYNCH HIGH INCOME MUNICIPAL BOND FUND, INC.
                     (Name of Person(s) Filing Statement)

              Shares of Common Stock, Par Value $0.10 per share
                        (Title of Class of Securities)

                                 589945 10 4
                    (CUSIP Number of Class of Securities)

                                Arthur Zeikel
             Merrill Lynch High Income Municipal Bond Fund, Inc.
                            800 Scudders Mill Road
                        Plainsboro, New Jersey  08536
                                (609) 282-2800
         (Name, Address and Telephone Number of Person Authorized to
       Receive Notices and Communications on Behalf of Person(s)
                              Filing Statement)

                                  Copies to:


Thomas R. Smith, Jr., Esq.               Philip L. Kirstein, Esq.
Brown & Wood LLP                         Merrill Lynch Asset Management, L.P.
One World Trade Center                   P.O. Box 9011
New York, New York  10048-0557           Princeton, New Jersey 08543-9011


                                July 23, 1996
                      (Date Tender Offer First Published
                      Sent or Given to Security Holders)

     This Amendment No. 1 to the Issuer Tender Offer Statement on Schedule
13E-4 of Merrill Lynch High Income Municipal Bond Fund, Inc. (the "Fund")
relating to an offer to purchase (the "Offer") 4,000,000 of the Fund's shares
of common stock, par value $0.10 per share (the "Shares") and originally
filed with the Securities and Exchange Commission on July 23, 1996
constitutes the final amendment pursuant to Rule 13e-4(c)(3) under the
Securities Exchange Act of 1934 and General Instruction D of Schedule 13E-4.

     The Offer terminated at 12:00 midnight, New York time, on August 19,
1996 (the "Expiration Date").  Pursuant to the Offer, 439,677.502 Shares were
tendered, all of which were accepted by the Fund for repurchase at a net
asset value of $11.04 per share, as determined as of the close of the New
York Stock Exchange on the Expiration Date, for an aggregate purchase price
of $4,854,039.62.

                                  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.


                    MERRILL LYNCH HIGH INCOME MUNICIPAL BOND FUND, INC.



August 23, 1996     By   /s/ Terry K. Glenn                                
                       ------------------------------------------
                        (Terry K. Glenn,
                         Executive Vice President)


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission