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Neuberger High Yield Strategies Fund rights offering set to issue 10,463,948 shares at $6.5

PUBT · 04/16 12:31

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Neuberger High Yield Strategies Fund rights offering set to issue 10,463,948 shares at $6.5

Neuberger High Yield Strategies Fund rights offering expired April 15 following issuance of one transferable right per common share to holders of record March 23.
Final subscription price set at USD 6.5 per share, equal to 92.5% of net asset value at close of trading on expiration date.
Preliminary results show offering oversubscribed, with about 10,463,948 common shares expected to be issued.
Gross proceeds expected to total about USD 68 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Neuberger Berman High Yield Strategies Fund Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202604160830PR_NEWS_USPR_____NY35982) on April 16, 2026, and is solely responsible for the information contained therein.

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