Invesco Bond Income Plus (BIPS) has launched a discounted fundraising, offering renewed access to existing and new investors.
Investors will be offered access to the trust at a 75 bps premium to NAV, a discount to its current 1.79% premium, according to data from the Association of Investment Companies. Invesco poaches UK head of ETF asset managers from BlackRock The retail offer will be undertaken via the Winterflood Retail Access Platform. The issue price for the fundraising will be based on cum-income NAV per share prior to the fundraising close and will be revealed on 6 February 2024. Winterflood Securities will act as bookrunner for the placing and, while the retail offer is being underwritten via...
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