First Trust/Four Corners Senior Floating Rate Income Fund II Announces Final Results of Tender Offer For Its Outstanding Auction Market Preferred Shar

WHEATON, Ill.--(BUSINESS WIRE)--First Trust/Four Corners Senior Floating Rate Income Fund II (NYSE: FCT) (the “Fund”), a closed-end fund managed by First Trust Advisors L.P., announced today the results of its offer to purchase for cash up to 100% of its outstanding Auction Market Preferred Shares (“AMP Shares”) at a price equal to 100% of the liquidation preference of $25,000 per share plus unpaid dividends accrued through September 28, 2009. The offer expired at 5:00 P.M., Eastern time on Monday, September 28, 2009. According to the depositary for the offer, as of the expiration of the offer, a total of 1,509 out of 1,600 Series A AMP Shares, and 1,549 out of 1,600 Series B AMP Shares, representing approximately 95.56% of the Fund’s outstanding AMP Shares, were validly tendered.

The tender offer referred to in this announcement was made only by an offer to purchase, a related letter of transmittal and other documents, which have been filed with the Securities and Exchange Commission as exhibits to a tender offer statement on Schedule TO and are available free of charge at http://www.sec.gov and from the Information Agent, The Altman Group, Inc. by calling (212) 400-2605.

for First Trust/Four Corners Senior Floating Rate Income Fund II
Warren Antler - wantler@altmangroup.com, (212) 400-2605