Offer by Each of Dreyfus Strategic Municipals, Inc. Dreyfus Strategic Municipal Bond Fund, Inc. and Dreyfus Municipal Income, Inc. (each, a "Fund" and collectively, the "Funds") To Purchase for Cash Up to 100% of Its Outstanding Auction Rate Preferred...Offer to Purchase Auction Rate Preferred Stock • January 23rd, 2018 • Dreyfus Strategic Municipal Bond Fund Inc
EACH FUND'S OFFER (AS DEFINED HEREIN) IS CONDITIONED UPON THE FUND'S CREATION OF TENDER OPTION BONDS AS DESCRIBED HEREIN ("TOBS"), AND CERTAIN OTHER CONDITIONS ALSO DESCRIBED HEREIN. IF A FUND IS NOT ABLE TO CREATE TOBS ON TERMS SATISFACTORY TO THE FUND, ANY PREFERRED STOCK TENDERED WILL NOT BE ACCEPTED BY THE FUND AND WILL BE RETURNED TO HOLDERS. SEE "INTRODUCTION" AND "THE OFFERS – CERTAIN CONDITIONS TO THE OFFER."
