Forex News
Tender Offer Sets 12.5% Purchase Percentage
A single-source account puts the tender offer’s purchase percentage at 12.5%, with expiration set for October 19, 2026.
- The tender offer carries a purchase-price discount of 0.98.
- The tender offer is a taxable transaction.
- Okapi Partners, LLC is the information agent, while Computershare is the depositary.
Offer Terms
The tender offer’s purchase percentage is 12.5%, and its expiration date is October 19, 2026. The purchase-price discount is 0.98.
The tender offer is classified as a taxable transaction. Okapi Partners, LLC serves as information agent, and Computershare serves as depositary.
Share Data
XAI Floating Rate & Alternative Income Trust has 15230884 outstanding shares. The last reported sale price date for common shares was September 11, 2026.
The net asset value per common share also carries a September 11, 2026 value date.
Manager Figures
Rockford Tower Asset Management manages 29 CLOs and reports 13000000000 in assets under management. Its reported loans-traded figure is 99000000000.
King Street Capital Management reports 30000000000 in assets under management.