other material
confidence high
sentiment neutral
materiality 0.40
abrdn Global Infrastructure Income Fund rights offering raises ~$70M at $19.28/share; 34% subscribed
abrdn Global Infrastructure Income Fund
- Offering expired Oct 15, 2026; final subscription price of $19.28 per Common Share, set at 92.5% of the 5-day average NYSE closing price or NAV.
- About 3,582,068 Common Shares expected to be issued, raising roughly $70M gross before expenses, out of up to 10,545,755 shares offered.
- Subscription equaled roughly 34% of shares offered, based on preliminary figures subject to shareholder payments and guaranteed delivery notices.
- Common Shares subscribed for are expected to be issued on or about October 22, 2026; offering commenced September 21, 2026.