Skip to main content

High Income Securities Fund Announces Expiration of Rights Offering

High Income Securities Fund (“the Fund”) (NYSE: PCF) announced today that its non-transferable rights offering to purchase additional shares of its common stock expired on October 22, 2021. The total number of shares to be issued to subscribing Rights Holders is 8,042,590.

The Subscription Price was $8.36. Since the Subscription Price is lower than the Estimated Subscription Price of $8.77, refunds will be made to those Rights Holders that elected to receive a refund of such excess amount. All other subscribing Rights Holders will receive additional shares of the Fund for such excess amount.

Contacts

U.S. Bank Global Fund Services – John Buckel (414) 765-4255

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.