NEUBERGER BERMAN HIGH YIELD STRATEGIES FUND ANNOUNCES LEVERAGE REFINANCING
NEUBERGER BERMAN HIGH YIELD STRATEGIES FUND ANNOUNCES LEVERAGE REFINANCING
NEW YORK, Sept. 19, 2023 /PRNewswire/ -- Neuberger Berman High Yield Strategies Fund Inc. (NYSE American: NHS) (the "Fund") announced today that it has successfully refinanced its leverage by entering into a new revolving debt financing facility ("Revolving Credit Facility") with a major unaffiliated financial institution. Under the terms of the Revolving Credit Facility, the Fund has access to committed debt financing of up to $110 million. As part of the leverage refinancing, the Fund also announced the approval of the issuance of up to $40 million in Mandatory Redeemable Preferred Shares, Series D ("Series D Preferred"), the issuance of which is subject to completion of documentation and customary closing conditions. The Fund used a combination of the proceeds from the Revolving Credit Facility and short-term financing pending the issuance of the Series D Preferred, without interrupting its leveraged investment program, to repay its outstanding Floating Rate Senior Notes and redeem its Mandatory Redeemable Preferred Shares, Series C.
紐約，9月2023年19號紐伯格伯曼高收益策略基金公司(Neuberger Berman High Year Strategy Fund Inc.)紐約證券交易所美國人：NHS)(“該基金”)今天宣佈，已與一家主要的非附屬金融機構訂立一項新的迴圈債務融資安排(“迴圈信貸安排”)，成功為其槓桿再融資。根據迴圈信貸機制的條款，基金可獲得承諾的債務融資，最高可達1.1億美元。作為槓桿再融資的一部分，基金還宣佈批准發行至多4000萬美元在強制性可贖回優先股中，D系列(“D系列優先股”)，其發行取決於檔案的完成和慣例的成交條件。在不中斷其槓桿投資計劃的情況下，基金利用迴圈信貸機制所得款項和發行D系列優先股之前的短期融資，償還其已發行的浮動利率優先票據，並贖回其強制性可贖回優先股C系列。
About Neuberger Berman
關於紐伯格·伯曼
Neuberger Berman, founded in 1939, is a private, independent, employee-owned investment manager. The firm manages a range of strategies—including equity, fixed income, quantitative and multi-asset class, private equity, real estate and hedge funds—on behalf of institutions, advisors and individual investors globally. Neuberger Berman's investment philosophy is founded on active management, engaged ownership and fundamental research, including industry-leading research into material environmental, social and governance factors. Neuberger Berman is a PRI Leader, a designation awarded to fewer than 1% of investment firms. With offices in 26 countries, the firm's diverse team has over 2,750 professionals. For nine consecutive years, Neuberger Berman has been named first or second in Pensions & Investments Best Places to Work in Money Management survey (among those with 1,000 employees or more). The firm manages $443 billion in client assets as of June 30, 2023. For more information, please visit our website at .
Neuberger Berman成立於1939年，是一傢俬人、獨立、員工所有的投資管理公司。該公司代表全球機構、顧問和個人投資者管理一系列策略，包括股票、固定收益、量化和多資產類別、私募股權、房地產和對沖基金。Neuberger Berman的投資理念建立在積極的管理、積極參與的所有權和基礎研究基礎上，包括對物質環境、社會和治理因素的行業領先研究。Neuberger Berman是PRI Leader，這一稱號授予不到1%的投資公司。該公司在26個國家設有辦事處，擁有超過2750名專業人員。Neuberger Berman連續九年在養老金和投資基金最佳工作場所調查中榮登榜首或第二名(在擁有1000名或更多員工的公司中)。這家公司管理著4430億美元在截至的客戶資產中2023年6月30日。欲瞭解更多資訊，請訪問我們的網站。
Statements made in this release that look forward in time involve risks and uncertainties. Such risks and uncertainties include, without limitation, the adverse effect from a decline in the securities markets or a decline in the Fund's performance, a general downturn in the economy, competition from other closed end investment companies, changes in government policy or regulation, inability of the Fund's investment adviser to attract or retain key employees, inability of the Fund to implement its investment strategy, inability of the Fund to manage rapid expansion and unforeseen costs and other effects related to legal proceedings or investigations of governmental and self-regulatory organizations.
本新聞稿中所作的前瞻性陳述涉及風險和不確定性。這些風險和不確定因素包括但不限於證券市場下跌或基金業績下降的不利影響、經濟普遍下滑、來自其他封閉式投資公司的競爭、政府政策或條例的變化、基金的投資顧問無法吸引或留住關鍵僱員、基金無法執行其投資戰略、基金無法管理快速擴張和不可預見的費用，以及與法律程序或對政府和自律組織的調查有關的其他影響。
Contact:
Neuberger Berman Investment Advisers LLC
Investor Information
(877) 461-1899
聯繫方式：
Neuberger Berman投資顧問公司
投資者資訊
(877)461-1899
SOURCE Neuberger Berman
來源：Neuberger Berman
譯文內容由第三人軟體翻譯。