abrdn Global Infrastructure Income Fund (NYSE: ASGI) announced the results of its transferable rights offering on October 16, 2026. The offering commenced on September 21, 2026, and expired at 5:00 p.m. Eastern Time on October 15, 2026.
Based on preliminary information, the offering is expected to result in the issuance of approximately 3,582,068 Common Shares. The final subscription price was set at $19.28 per Common Share. The fund anticipates gross proceeds of approximately $70 million, before expenses of the offering.
The subscription price was determined based on a formula equal to 92.5% of the average of the closing market price of the Fund's Common Shares on the New York Stock Exchange on the Expiration Date and each of the four preceding trading days. If that amount was less than 92.5% of the Fund's net asset value (NAV) per Common Share at the close of trading on the Expiration Date, the subscription price was 92.5% of NAV per Common Share at that time.
The Common Shares subscribed for in the offering are expected to be issued on or about October 22, 2026, following the receipt of all shareholder payments. The figures mentioned are preliminary and remain subject to the receipt of shareholder payments, including notices of guaranteed delivery, and the completion of final subscription processing.
