Neuberger High Yield Strategies Fund Announces Preliminary Results of Rights Offering
Neuberger High Yield Strategies Fund Inc. (NHS) has announced preliminary results of its rights offering, which was oversubscribed. The offering allows shareholders to purchase additional shares at $6.50 per share, with expected gross proceeds of $68 million. The offering is expected to issue approximately 10.5 million new shares.
Tickers: $NHS
Topics: financial results fundraising rights offering stock issuance