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Neuberger High Yield Strategies Fund issues 10,463,948 shares in rights offering

PUBT·04/20/2026 22:00:35
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Neuberger High Yield Strategies Fund issues 10,463,948 shares in rights offering
  • Neuberger High Yield Strategies Fund rights offering expired April 15, 2026.
  • Final subscription price set at $6.5 per share, equal to 92.5% of net asset value at NYSE American close on expiration date.
  • Issuance set at 10,463,948 common shares, generating expected gross proceeds of about $68 million.
  • Share issuance expected on or about April 21, 2026.
  • Over-subscription requests exceeded available shares, triggering pro-rata allocation.


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: 202604201800PR_NEWS_USPR_____NY39071) on April 20, 2026, and is solely responsible for the information contained therein.