M&G Credit Income trust eyes share issues
Scaling up to lower costs
M&G Credit Income trust eyes share issues
The board of M&G’s £142.3m Credit Income investment trust plans to issue more shares to boost the size of the vehicle, it said this morning (29 September).
In the fixed income trust's half year report, chair David Simpson said the board intended to boost its assets to lower costs and improve portfolio diversification. The trust raised £14.2m in early June...
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