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BRIEF-Aberdeen Income Credit Strategies Fund Announces Rights Offering And Monthly Distribution

05/10/2021 18:33
BRIEF-Aberdeen Income Credit Strategies Fund Announces Rights Offering And Monthly Distribution

- Aberdeen Income Credit Strategies Fund ACP.N:

  • ANNOUNCES RIGHTS OFFERING AND MONTHLY DISTRIBUTION

  • APPROVED TERMS OF ISSUANCE OF TRANSFERABLE RIGHTS TO HOLDERS OF FUND'S COMMON SHARES

  • SUBSCRIPTION PRICE PER COMMON SHARE WILL BE DETERMINED ON EXPIRATION DATE

  • PROPOSED SUBSCRIPTION PERIOD IS CURRENTLY ANTICIPATED TO COMMENCE ON RECORD DATE AND EXPIRE ON JUNE 16, 2021

  • RIGHTS ARE EXPECTED TO BE ADMITTED FOR TRADING ON NYSE UNDER SYMBOL "ACP RT" DURING COURSE OF OFFER

  • WILL PAY DISTRIBUTION OF US $0.10 PER SHARE ON MAY 27, 2021 TO ALL SHAREHOLDERS OF RECORD AS OF MAY 21, 2021

Source text for Eikon: ID:nPn5D48zta

Further company coverage: ACP.N


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