Western Asset Global High Income Fund Inc. Announces Preliminary Results of Transferable Rights Offering
Western Asset Global High Income Fund Inc (EHI)
US:NYSE Investor Relations:
leggmason.com/en-us/products/closed-end-funds/western-asset-global-high-income-fund-inc.html
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Western Asset Global High Income Fund Inc. (NYSE: EHI) (“EHI” or the “Fund”) announced today the completion 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 Offer is expected to result in the issuance of 7,574,935 shares of common stock (including notices of guaranteed delivery), resulting in anticipated gross proceeds to the Fund of approximately $50.0 million. The Offer was oversubscribed. The subscription price per share is $6.60, which is 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 shares of common stock subscribed for are expected to be issued on or about October 15, 2024, after completion of the allocation of any oversubscription shares and receipt of all shareholder payments. The Fund will return to subsc
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News
- Western Asset Global High Income Fund Inc. Announces Financial Position as of August 31, 2024Business Wire
- Western Asset Global High Income Fund Inc. Announces Results of Annual Meeting of StockholdersBusiness Wire
- Western Asset Global High Income Fund Inc. Announces Final Results of Transferable Rights OfferingBusiness Wire
- Western Asset Global High Income Fund Inc. Authorizes Rights OfferingBusiness Wire
EHI
Sec Filings
- 11/21/24 - Form 3
- 11/21/24 - Form 3
- 11/21/24 - Form 424B3
- EHI's page on the SEC website