Brookfield Global Listed Infrastructure Income Fund Inc. Announces the Completion and Preliminary Results of Its Rights Offering
(firmenpresse) - NEW YORK, NEW YORK -- (Marketwired) -- 10/21/13 -- Brookfield Global Listed Infrastructure Income Fund Inc. (NYSE: INF) (the "Fund") announces the completion and preliminary results of its transferable rights offering (the "Offer") which raised approximately $50 million of gross proceeds. The record date of the Offer was September 19, 2013 ("Record Date"), and the Offer expired on October 18, 2013 (the "Expiration Date"). Shareholders of record received one right for each outstanding share of common stock ("Common Share") owned as of 5:00 p.m. Eastern time on the Record Date. The rights entitled holders to purchase one new Common Share of the Fund for every three rights held (1-for-3), except that record date common shareholders who were issued fewer than three rights were entitled to subscribe for one common share of the Fund. The subscription price was $19.29 per Common Share and was determined based upon a formula equal to 80% of the Fund's net asset value at the close of trading on the Expiration Date. The Offer was oversubscribed. Common Shares will be issued promptly after completion of shareholder payments expected on or about Friday, October 25, 2013.
About the Fund: Brookfield Global Listed Infrastructure Income Fund Inc. is a non-diversified, closed-end management investment company registered under the Investment Company Act of 1940, as amended, and was organized as a corporation under the laws of the State of Maryland on June 8, 2011. The Fund's investment objective is to provide a high level of total return, with an emphasis on income. Under normal market conditions, as a principal strategy, at least 80% of the Fund's managed assets, as defined in the Fund's prospectus, are invested in publicly traded equity securities of infrastructure companies listed on a domestic or foreign exchange, throughout the world, including the United States. The Fund defines an infrastructure company as any company that derives at least 50% of its revenue or profits from the ownership or operation of infrastructure assets. The Fund defines infrastructure assets as the physical structures, networks and systems of transportation, energy, water and sewage, and communication.
About Brookfield
Brookfield Asset Management Inc. is a global alternative asset manager with over $183 billion in assets under management as of June 30, 2013. Brookfield has over a 100-year history of owning and operating assets with a focus on property, renewable power, infrastructure and private equity. The company offers a range of public and private investment products and services, which leverage its expertise and experience and provide it with a competitive advantage in the markets where it operates. On behalf of its clients, Brookfield is also an active investor in the public securities markets, where its experience extends over 30 years. Over this time, the company has successfully developed several investment operations and built expertise in the management of institutional portfolios, retail mutual funds, and structured product investments.
Brookfield's public market activities are conducted by Brookfield Investment Management, a registered investment advisor. These activities complement Brookfield's core competencies and include global listed real estate and infrastructure equities, corporate high yield investments, opportunistic credit strategies and a dedicated insurance asset management division. Headquartered in New York, NY, Brookfield Investment Management maintains offices and investment teams in Toronto, Chicago, Boston and London and has over $10 billion of assets under management as of June 30, 2013. Brookfield Global Listed Infrastructure Income Fund Inc. is managed by Brookfield Investment Management Inc.
The Fund uses its web site as a channel of distribution of material company information. Financial and other material information regarding the Fund is routinely posted on and accessible at .
INVESTORS SHOULD CONSIDER THE FUND'S INVESTMENT OBJECTIVES, RISKS, CHARGES AND EXPENSES CAREFULLY BEFORE INVESTING. THIS INFORMATION, INCLUDING OTHER INFORMATION ABOUT THE FUND, CAN BE FOUND ON FILE WITH THE SECURITIES AND EXCHANGE COMMISSION AND SHOULD BE READ CAREFULLY BEFORE INVESTING.
THIS COMMUNICATION IS NOT AN OFFER TO SELL COMMON SHARES AND IS NOT SOLICITING AN OFFER TO BUY COMMON SHARES IN ANY STATE WHERE THE OFFER OR SALE IS NOT PERMITTED.
Contacts:
Brookfield Global Listed Infrastructure Income Fund Inc.
250 Vesey Street
New York, NY 10281-1023
(855)777-8001
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 21.10.2013 - 13:02 Uhr
Sprache: Deutsch
News-ID 307579
Anzahl Zeichen: 0
contact information:
Town:
NEW YORK, NEW YORK
Kategorie:
Investment Services & Trading
Diese Pressemitteilung wurde bisher 215 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Brookfield Global Listed Infrastructure Income Fund Inc. Announces the Completion and Preliminary Results of Its Rights Offering"
steht unter der journalistisch-redaktionellen Verantwortung von
Brookfield Global Listed Infrastructure Income Fund Inc. (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
