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NXG NextGen Infrastructure Income Fund of Benef Interest ( (NXG) ) just unveiled an announcement.
On July 21, 2025, NXG NextGen Infrastructure Income Fund entered into a dealer manager agreement with Cushing Asset Management and UBS Securities to issue transferable rights to shareholders, allowing them to subscribe for up to 1,414,904 common shares. This offer, detailed in a prospectus supplement, allows shareholders to purchase one new share for every three rights held, with additional shares available through an over-subscription privilege. The initiative aims to bolster the Fund’s capital and enhance its market position.
More about NXG NextGen Infrastructure Income Fund of Benef Interest
Average Trading Volume: 38,834
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