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NXG Cushing Midstream Energy Fund (NYSE: SRV) Announces the Preliminary Results of Its Rights Offering

NXG Cushing Midstream Energy Fund (NYSE: SRV) Announces the Preliminary Results of Its Rights Offering

NXG Cushing Midstream Energy Fund(紐約證券交易所代碼:SRV)公佈了供股的初步結果
PR Newswire ·  2023/12/15 22:15

DALLAS, Dec. 15, 2023 /PRNewswire/ -- The NXG Cushing Midstream Energy Fund (NYSE: SRV) (the "Fund") announced the preliminary results of its transferable rights offering (the "Offer"). The Offer commenced on November 21, 2023, and expired on December 14, 2023 (the "Expiration Date"). The Offer entitled rights holders to subscribe for up to an aggregate of 728,317 of the Fund's common shares of beneficial interest, par value $0.001 per share ("Common Shares"). The subscription price was $33.20 per Common Share and was determined based upon a formula equal to 88% of the Fund's net asset value ("NAV") per Common Share at the close of trading on the New York Stock Exchange on the Expiration Date. The Offer was oversubscribed. Common Shares will be issued promptly after completion and receipt of all shareholder payments and the pro-rata allocation of Common Shares in respect of the over­ subscription privilege.

達拉斯,2023 年 12 月 15 日 /PRNewswire/ — NXG Cushing 中游能源基金(紐約證券交易所代碼:SRV)(“基金”)公佈了其可轉讓配股發行(“要約”)的初步結果。該優惠於2023年11月21日開始,並於2023年12月14日(“到期日”)到期。該要約授權權利持有人認購最多728,317股受益利息的基金普通股,面值爲每股0.001美元(“普通股”)。認購價格爲每股普通股33.20美元,是根據到期日紐約證券交易所收盤時每股普通股基金淨資產價值(“NAV”)88%的公式確定的。該優惠已被超額認購。普通股將在完成並收到所有股東款項以及根據超額認購特權按比例分配普通股後立即發行。

Gross proceeds of the Offer are expected to be approximately $24,000,000. The Fund intends to invest the net proceeds of the Offer in accordance with its investment objective and policies.

該要約的總收益預計約爲2400萬美元。本基金打算根據其投資目標和政策投資本次要約的淨收益。

This document is not an offer to sell any securities and is not soliciting an offer to buy any securities in any jurisdiction where the offer or sale is not permitted. This document is not an offering, which can only be made by a prospectus. Investors should consider the Fund's investment objectives, risks, charges and expenses carefully before investing. Such information, including other information about the Fund, can be found on file with the Securities and Exchange Commission and should be read carefully before investing.

本文件不是出售任何證券的要約,也不是在不允許要約或出售的任何司法管轄區徵求購買任何證券的要約。本文件不是要約,只能通過招股說明書進行。投資者在投資前應仔細考慮基金的投資目標、風險、費用和開支。此類信息,包括有關基金的其他信息,可以在證券交易委員會存檔中找到,投資前應仔細閱讀。

About NXG Investment Management

關於 NXG 投資管理

Cushing Asset Management, LP ("Cushing") is doing business as NXG Investment Management, providing Next Generation investment strategies to investors seeking long-term growth in companies focused on a clean and sustainable future as well as traditional and transformational infrastructure companies. Cushing is an SEC-registered investment adviser headquartered in Dallas, Texas. Cushing serves as investment adviser to affiliated funds and managed accounts.

庫欣資產管理有限責任公司(“庫欣”)以NXG Investment Management的名義開展業務,爲尋求在專注於清潔和可持續未來的公司以及傳統和轉型基礎設施公司中尋求長期增長的投資者提供下一代投資策略。庫欣是一家在美國證券交易委員會註冊的投資顧問,總部位於德克薩斯州達拉斯。庫欣擔任關聯基金和管理賬戶的投資顧問。

About NXG Cushing Midstream Energy Fund

關於 NXG 庫興 中游能源 基金

The Fund is a non-diversified, closed-end management investment company with an investment objective to obtain a high after-tax total return from a combination of capital appreciation and current income. The Fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in a portfolio of midstream energy investments. The Fund considers midstream energy investments to be investments that offer economic exposure to securities of midstream energy companies, which are companies that provide midstream energy services, including the gathering, transporting, processing, fractionation, storing, refining and distribution of natural resources, such as natural gas, natural gas liquids, crude oil refined petroleum products, biofuels, carbon sequestration, solar, and wind. The Fund considers a company to be a midstream energy company if at least 50% of its assets, income, sales or profits are committed to, derived from or otherwise related to midstream energy services. The Fund's Common Shares are traded on the NYSE under the symbol "SRV."

該基金是一家非多元化的封閉式管理投資公司,其投資目標是通過資本增值和當期收入相結合獲得較高的稅後總回報。該基金力求通過在正常市場條件下將其淨資產的至少80%以及用於投資目的的任何借款金額投資於中游能源投資組合來實現其投資目標。該基金認爲,中游能源投資是爲中游能源公司的證券提供經濟風險的投資,這些公司提供中游能源服務,包括天然氣、液化天然氣、原油精煉石油產品、生物燃料、碳封存、太陽能和風能等自然資源的收集、運輸、加工、分餾、儲存、提煉和分配。如果一家公司的資產、收入、銷售或利潤中至少有50%用於中游能源服務、來自中游能源服務或以其他方式與之相關,則該基金將其視爲中游能源公司。該基金的普通股在紐約證券交易所上市,股票代碼爲 “SRV”。

The Fund utilizes leverage as part of its investment strategy. There can be no assurance that the Fund will achieve its investment objectives.

基金利用槓桿作爲其投資策略的一部分。無法保證基金會實現其投資目標。

For information about the Fund, please contact your financial advisor.

有關基金的信息,請聯繫您的財務顧問。

Contact:
Blake Nelson
NXG Investment Management
214-692-6334

聯繫人:
布萊克·納爾遜
NXG 投資管理
214-692-6334

NOT FDIC INSURED NO BANK GUARANTEE MAY LOSE VALUE

沒有聯邦存款保險公司保險,任何銀行擔保都不會貶值

SOURCE NXG Investment Management

來源 NXG 投資管理公司

譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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