---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-105892"
form_type: "8-K"
ticker: "FAX"
cik: "0000790500"
company_name: "ABRDN ASIA-PACIFIC INCOME FUND, INC."
filed_at: "2024-10-03T23:59:59+00:00"
generated_at: "2026-05-30T21:54:29.136298+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# abrdn Asia-Pacific Income Fund issues $100M Series B Mandatorily Redeemable Preferred Shares due 2029

## Summary
- Issued 4,000,000 Series B MRP Shares at $25 per share liquidation preference.
- Gross proceeds of $100 million; mandatory redemption on October 3, 2029.
- Shares rated 'AA-' by Kroll Bond Rating Agency; exempt from SEC registration under Rule 506(c).
- Net proceeds used for general working capital and investment portfolio enhancements.
- Fund adopted Articles Supplementary authorizing the new preferred share series.

## SEC filing metadata
- accession: 0001104659-24-105892
- form_type: 8-K
- ticker: FAX
- cik: 0000790500
- company_name: ABRDN ASIA-PACIFIC INCOME FUND, INC.
- filed_at: 2024-10-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/790500/000110465924105892/0001104659-24-105892-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/790500/000110465924105892/tm2425241d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-105892
- JSON: https://secwatch.observer/filing/0001104659-24-105892.json
- Plain text: https://secwatch.observer/filing/0001104659-24-105892.txt

## Key facts
- Governance Changes
  ABRDN ASIA-PACIFIC INCOME FUND, INC.: Adopted Articles Supplementary establishing Series B Mandatorily Redeemable Preferred Shares (effective 2024-10-01).
  - Change: charter amendment
  - Effective: 2024-10-01
  source text: The Fund adopted the Articles Supplementary (the “Articles”), dated October 1, 2024, establishing and fixing the rights and preferences of the MRP Shares.
  evidence_url: https://www.sec.gov/Archives/edgar/data/790500/000110465924105892/0001104659-24-105892-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.