abrdn and First Trust Announce Closing of Reorganizations of Certain First Trust Advised Funds With abrdn U.S. Closed-End Funds
abrdn Income Credit Strategies Fund Common Shares (ACP)
US:NYSE Investor Relations:
aberdeenacp.com
Company Research
Source: Business Wire
PHILADELPHIA & WHEATON, Ill.--(BUSINESS WIRE)--abrdn Income Credit Strategies Fund (NYSE: ACP) (“ACP”) and abrdn Global Infrastructure Income Fund (NYSE: ASGI) (each, an “Acquiring Fund”) announce today the completed reorganizations, after close of regular business on September 20, 2024, of First Trust/abrdn Global Opportunity Income Fund (NYSE: FAM) and Macquarie/First Trust Global Infrastructure/ Utilities Dividend & Income Fund (NYSE: MFD) (each, an “Acquired Fund”).In the reorganizations, common shareholders of each Acquired Fund, respectively, received an amount of Acquiring Fund common shares with a net asset value equal to the aggregate net asset value of their holdings of the relevant Acquired Fund common shares, as determined at the close of regular business on September 20, 2024.Relevant details pertaining to the reorganization are as follows:Acquiring FundWebsite for additionalinformationAcquired FundAcquiring Fund NAVper Share ($)9/20/2024Conversion RatioACPabrdnacp.co
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ACP
Sec Filings
- 11/6/24 - Form SC
- 11/1/24 - Form SCHEDULE
- 10/25/24 - Form SC
- ACP's page on the SEC website