Aberdeen Income Credit Strategies Fund enters into $100M at-the-market distribution agreement with ALPS Distributors

abrdn Income Credit Strategies Fund

On Feb 11, 2022, Fund entered Distribution Agreement with ALPS Distributors for up to $100M of common shares in ATM offerings.
UBS Securities LLC was appointed as sub-placement agent under the Distribution Agreement on the same date.
Offering is made under effective shelf registration statement File No. 333-253698 and a prospectus supplement dated Feb 11, 2022.
Shares sold at prices not below net asset value plus commission; listed on NYSE under ticker ACP and ACP PRA preferred.

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