ClearBridge Energy Midstream Opportunity Fund Prices $60M Fixed-Rate Mandatory Redeemable Preferred Stock Private Placement
Benzinga Newsdesk 1 month ago
NewsOfferings
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
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 MRPS issuance will be funded in the fourth quarter of 2026. Net proceeds from the offering will be used to refinance existing leverage and make new portfolio investments.