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Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body; 4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Aberdeen Income Credit Strategies Fund Announces Rights Offering And Monthly Distribution
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PHILADELPHIA, May 10, 2021 /PRNewswire/ The Board of Trustees (the Board ) of Aberdeen Income Credit Strategies Fund
(
NYSE: ACP) (the Fund ), a closed-end fund, has approved the terms of the issuance of transferable rights ( Rights ) to the holders of the Fund s common shares (the Common Shareholders ) of beneficial interest ( Common Shares ) as of the record date, entitling the holders of those Rights to subscribe for Common Shares (the Offer ). The Board, based on the recommendations and presentations of Aberdeen Asset Managers Limited, the Fund s investment adviser (the Adviser ), and others, has determined that it is in the best interests of the Fund and the Common Shareholders to conduct the Offer and seek to increase the assets of the Fund available for investment. The Offer seeks to provide an opportunity to existi
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Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body; 4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
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