Key Takeaways -
Rights offerings serve as an attractive capital-raising option for issuers in need of liquidity, particularly for closed-end funds and business development companies (“BDCs”), which generally cannot issue...more
4/7/2020
/ Backstop Agreements ,
Broker-Dealer ,
Business Development Companies ,
Capital Raising ,
Closed-End Funds ,
Coronavirus/COVID-19 ,
Dilution ,
Investment Company Act of 1940 ,
Liquidity ,
NAV ,
NYSE ,
Popular ,
Rights Offering ,
Secondary Markets ,
Shareholders ,
Stock Prices