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Home Asia Pacific

abrdn Asia-Pacific Income Fund VCC Announces Pricing of 2024 Voluntary Cash Redemption

NEWSROOM by NEWSROOM
March 28, 2024
in Asia Pacific, Finance
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TORONTO, ON / ACCESSWIRE / March 28, 2024 / abrdn Asia-Pacific Income Fund VCC (TSX:FAP)(UEN:T21VC0235H) (the “Company”), a closed-end investment company trading on the Toronto Stock Exchange, announced today that ordinary shares (the “Shares”) accepted for the 2024 voluntary cash redemption will be redeemed at a rounded price of $3.20 per Share in Canadian dollars. This price is equal to 100% of the average net asset value per Share based on the three business days preceding the redemption date of March 28, 2024, less direct costs. The pro-rata redemption rate will be 0.223 (i.e., for…



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