abrdn Global Infrastructure Income Fund Launches Rights Offering

News related to:abrdn Global Infrastructure Income Fund · 2 min read
PHILADELPHIA, Sept. 11, 2026 /CourierPR/ -- abrdn Global Infrastructure Income Fund (ASGI) has announced plans to issue transferable rights to its common shareholders, allowing them to subscribe for new common shares at a discount. The rights offering, approved by the Fund’s Board of Trustees, aims to raise additional capital for the Fund to invest in a broad range of global infrastructure opportunities, including power generation and energy, communications, and transportation infrastructure.
The rights will be distributed to shareholders of record on September 21, 2026. Each shareholder will receive one transferable right for each common share held. Shareholders can subscribe for one new common share for every three rights held, with the option to subscribe for additional shares through an over-subscription privilege, subject to availability and the terms of the offering.
The subscription period is expected to begin on the Record Date and expire on October 15, 2026. The last day of trading for the rights is October 14, 2026.
The subscription price will be determined on the Expiration Date and will equal 92.5% of the average of the closing market price of the Fund's common shares on the Expiration Date and each of the four preceding trading days. If that amount is less than 92.5% of the Fund's net asset value (NAV) per share at the close of trading on the Expiration Date, the subscription price will be 92.5% of the NAV per share at the close of trading on the Expiration Date. The subscription price has not yet been determined.
The rights offering is expected to provide the Fund with the necessary capital to deploy investments in a diverse global infrastructure opportunity set, supporting the Fund's investment objective of total return with an emphasis on current income. The Fund's common shareholders will have the opportunity to maintain their proportionate ownership, with the potential to subscribe for additional shares through the over-subscription privilege.
The Fund's common shareholders will indirectly bear the offering expenses. The rights offering will be made under the Fund's shelf registration statement, to be filed with the Securities and Exchange Commission (SEC), through a prospectus supplement and accompanying prospectus. The Fund expects to mail subscription certificates evidencing the rights and a copy of the prospectus supplement and accompanying prospectus to Record Date Shareholders shortly following the Record Date.
Investors are advised to read the prospectus supplement and accompanying prospectus, when available, and carefully consider the Fund's investment objective, risks, charges, and expenses before investing. The distribution by the Fund payable September 30, 2026, will not be eligible for common shares issued in the offering, and shares issued after the distribution record date will also not be eligible for the October distribution.