ClearBridge Energy Midstream Opportunity Fund Prices $60M Fixed-Rate Mandatory Redeemable Preferred Stock Private Placement
ClearBridge Energy Midstream Opportunity Fund Inc. (the "Fund") (NYSE:EMO) announced today the pricing of $60,000,010 of fixed-rate Mandatory Redeemable Preferred Stock ("MRPS") by private placement. The
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Why It Matters
A energy fund just raised $60 million by selling special shares to big investors. When companies do this, watch if they use the money wisely and if regular shareholders stay happy.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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