abrdn Infrastructure Fund Plans About $70M Raise Through Rights Issue

what happened

The abrdn Global Infrastructure Income Fund (NYSE: ASGI) has published preliminary results of its transferable rights offering, according to TradingView, which cites the fund's press release. The offer ran from September 21, 2026 and closed on October 15, 2026 at 5 p.m. New York time.

Based on early data, the subscription should produce about 3,582,068 common shares, including guaranteed-delivery notices, for gross proceeds of roughly $70 million before costs. The final subscription price was set at $19.28 per share, calculated as 92.5% of the average NYSE closing price over the expiration date and the four prior sessions. If that figure falls below 92.5% of net asset value, the price is instead tied to NAV.

The new shares are expected to be issued around October 22, 2026, once all shareholder payments have been received. The figures remain provisional until processing is complete.

why it matters

For fund investors, the issuance adds capital and increases the number of shares outstanding, which can shift the gap between market price and net asset value in the short term. The fund invests in income-producing public and private infrastructure, including power generation, energy, communications and transport. Final totals may differ from these preliminary numbers.

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