XFLT - Public offerings

XAI Octagon Floating Rate & Alternative Income Term Trust (the "Trust") (NYSE:XFLT), a diversified, closed-end management investment company with an investment objective to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle, has entered into a purchase agreement with certain institutional investors for the purchase and sale of 400,000 shares of its 6.50% Series 2026 Term Preferred Shares (the "Preferred Shares") in a registered direct offering pursuant to the Trust's effective shelf registration statement filed with the U.S. Securities and Exchange Commission (the "SEC"). Purchasers are purchasing Preferred Shares at the liquidation

CHICAGO--(BUSINESS WIRE)--XAI Octagon Floating Rate & Alternative Income Term Trust (the “Trust”) (NYSE: XFLT), a diversified, closed-end management investment company with an investment objective to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle, has closed its previously announced underwritten public offering of 3,565,000 common shares of beneficial interest (“Common Shares”) at an offering price of $8.50 per Common Share. As a result, the Trust received net proceeds from the offering of approximately $29.0 million. The Trust intends to invest the net proceeds from the offering in accordance with its investment object

XAI Octagon Floating Rate & Alternative Income Term Trust (the "Trust") (NYSE:XFLT), a diversified, closed-end management investment company with an investment objective to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle, has closed its previously announced underwritten public offering of 3,565,000 common shares of beneficial interest ("Common Shares") at an offering price of $8.50 per Common Share. As a result, the Trust received net proceeds from the offering of approximately $29.0 million. The Trust intends to invest the net proceeds from the offering in accordance with its investment objective and policies. B. Riley Securit

XAI Octagon Floating Rate & Alternative Income Term Trust (the "Trust") (NYSE:XFLT), a diversified, closed-end management investment company with an investment objective to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle, has priced its previously announced underwritten public offering of common shares of beneficial interest ("Common Shares") pursuant to the Fund's effective shelf registration statement filed with the U.S. Securities and Exchange Commission (the "SEC"). The Trust agreed to sell 3,100,000 Common Shares at a price to the public of $8.50 per Common Share. In addition, the Trust has granted the underwriters a 30-day

XAI Octagon Floating Rate & Alternative Income Term Trust (the "Trust") (NYSE:XFLT), a diversified, closed-end management investment company with an investment objective to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle, has announced that it has commenced an underwritten public offering of common shares of beneficial interest ("Common Shares") pursuant to the Fund's effective shelf registration statement filed with the U.S. Securities and Exchange Commission (the "SEC"). The Trust also intends to grant the underwriters a 30-day option to purchase up to an additional fifteen percent (15%) of the Common Shares sold to cover over-

CHICAGO--(BUSINESS WIRE)--XAI Octagon Floating Rate & Alternative Income Term Trust (the “Trust”) (NYSE: XFLT), a diversified, closed-end management investment company with an investment objective to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle, has priced its previously announced underwritten public offering of its newly designated 6.50% Series 2026 Term Preferred Shares (the “Preferred Shares”) pursuant to the Trust’s effective shelf registration statement filed with the U.S. Securities and Exchange Commission (the “SEC”). The Trust agreed to sell 1,040,000 Preferred Shares at a price to the public of $25.00 per Pref

CHICAGO--(BUSINESS WIRE)--XAI Octagon Floating Rate & Alternative Income Term Trust (the “Trust”) (NYSE: XFLT), a diversified, closed-end management investment company with an investment objective to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle, has announced that it has commenced an underwritten public offering of its newly designated Series 2026 Term Preferred Shares (the “Preferred Shares”) pursuant to the Fund’s effective shelf registration statement filed with the U.S. Securities and Exchange Commission (the “SEC”). The Trust also intends to grant the underwriters a 30-day option to purchase up to an additional fi

CHICAGO--(BUSINESS WIRE)--XAI Octagon Floating Rate & Alternative Income Term Trust (the “Trust”) (NYSE: XFLT), a diversified, closed-end management investment company with an investment objective to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle, has closed its previously announced underwritten public offering of 2,900,250 common shares of beneficial interest (“Common Shares”) at an offering price of $8.62 per Common Share. As a result, the Trust received net proceeds from the offering of approximately $23.7 million. The Trust intends to invest the net proceeds from the offering in accordance with its investment object

CHICAGO--(BUSINESS WIRE)--XAI Octagon Floating Rate & Alternative Income Term Trust (the “Trust”) (NYSE: XFLT), a diversified, closed-end management investment company with an investment objective to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle, has priced its previously announced underwritten public offering of common shares of beneficial interest (“Common Shares”) pursuant to the Fund’s effective shelf registration statement filed with the U.S. Securities and Exchange Commission (the “SEC”). The Trust agreed to sell 2,900,250 Common Shares at a price to the public of $8.62 per Common Share. In addition, the Trust has

CHICAGO--(BUSINESS WIRE)--XAI Octagon Floating Rate & Alternative Income Term Trust (the “Trust”) (NYSE: XFLT), a diversified, closed-end management investment company with an investment objective to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle, has announced that it has commenced an underwritten public offering of common shares of beneficial interest (“Common Shares”) pursuant to the Fund’s effective shelf registration statement filed with the U.S. Securities and Exchange Commission (the “SEC”). The Trust also intends to grant the underwriters a 30-day option to purchase up to an additional fifteen percent (15%) of th