 BOSTON, May 12, 2021 PRNewswire -- As previously announced on March 16, 2021, the Board of Eaton Vance Senior Floating-Rate Trust NYSE: EFR the Fund authorized a conditional cash tender offer for up to 25 of the Funds outstanding common shares at a price per share equal to 99 of the Funds net asset value per share NAV as of the close of regular trading on the New York Stock Exchange NYSE on the date the tender offer expires, conditioned on Fund shareholders approving a new investment advisory agreement the New Agreement between the Fund and Eaton Vance Management the Initial Tender Offer. The Fund is announcing today an increase in the amount of the Initial Tender Offer from up to 25 of the Funds outstanding shares to up to 50 of the Funds outstanding common shares. 