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0.00451302955306458 0.00451302955306458 0.00742466152278354 0.010248944533411 0.00815256951521341 0.00451302955306458 0.00451302955306458 0.00524093754549432
Stock impact report

Western Asset Global High Income Fund Inc. Announces Final Results of Transferable Rights Offering

Western Asset Global High Income Fund Inc (EHI) 
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Western Asset Global High Income Fund Inc. (NYSE: EHI) (“EHI” or the “Fund”) announced the final results of its transferable rights offering (the “Offer”). The Offer expired at 5:00 PM Eastern Time on October 8, 2024 (the “Expiration Date”) and the Rights no longer trade on the New York Stock Exchange (“NYSE”).The final subscription price per share was $6.60, which was equal to 90% of the Fund’s net asset value per share of common stock at the close of trading on the NYSE on October 8, 2024. The Offer will result in the issuance of 7,574,935 shares of common stock. The gross proceeds of the Offer are expected to be approximately $50.0 million. The shares of common stock subscribed for are expected to be issued on or about October 16, 2024. The Fund will return to subscribing investors the full amount of any excess payments.This document does not constitute an offer to sell, or a solicitation of an offer to buy, any of the Fund’s securities in any jurisdi Show less Read more
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