abrdn Global Infrastructure Income Fund Announces Terms for Transferable Rights Offering
The abrdn Global Infrastructure Income Fund (ASGI) has announced terms for a transferable rights offering, allowing existing shareholders to subscribe for new common shares at a discount. The Board of Trustees approved the initiative based on recommendations from Aberdeen Investments and others, aiming to raise additional capital for investment in global infrastructure sectors such as power generation, communications, and transportation. The Offering is intended to support ASGI's long-term strategy by enabling selective investments while preserving existing shareholders' proportional ownership. Shareholders will receive one transferable right per share held on the Record Date of September 21, 2026, with subscription rights valid until October 15, 2026. The subscription price is expected to be set at 92.5% of a calculated average market or net asset value. The Rights will trade under specific symbols on the NYSE before and during the offering period. New shares issued through this Offering may not qualify for certain distributions scheduled in September and October.
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