$115.2 million raised in closed-end fund offering
O’Leary Global Income Opportunities Fund to merge with o O’Leary Global Yield Opportunities Fund
Offering raises aggregate gross proceeds of $108 million
Global Income Opportunities Fund to merge with Global Yield Opportunities Fund
Closed-end fund targets 6% annual yield
Merger will provide investors with enhanced liquidity and pricing
Units now trading on TSX
Merger would provide investors with enhanced liquidity
$250 million offering expected to close on March 19
Fund targeting an annual cash distribution of 5%