NXG NextGen Infrastructure Income Fund Announces Rights Offering for Common Shares
NXG NextGen Infrastructure Income Fund has entered into a dealer manager agreement with Cushing® Asset Management and UBS Securities LLC to issue transferable rights to existing shareholders. These rights entitle shareholders to subscribe for up to 1,930,837 common shares at a ratio of one new share for every three rights held, potentially increasing the fund's capital base.
Key Highlights
- NXG NextGen Infrastructure Income Fund is offering rights to existing shareholders to purchase additional common shares.
- Shareholders receive one right for each share owned on the record date of April 6, 2026.
- Each right entitles the holder to purchase one new common share for every three rights held.
Price Impact
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NXG NextGen Infrastructure Income Fund Announces Rights Offering for Up to 1,930,837 Common Shares
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