TCW Strategic Income Fund raises ~$71M via oversubscribed rights offering

TCW STRATEGIC INCOME FUND INC

Issuance of 15,928,480 shares of common stock.
Expected gross proceeds of approximately $71 million.
Subscription price of $4.47 per share, set at 88% of NAV on expiry date.
Offer oversubscribed; pro-rata allocation for over-subscription privilege.
Fund intends to invest net proceeds in accordance with investment objective and policies.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.