According to the latest filing submitted to the U.S. Securities and Exchange Commission (SEC), NXG NextGen Infrastructure Income Fund has officially signed a distribution manager agreement with UBS to support its upcoming share offering plan.
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This agreement marks a crucial step forward for the NXG NextGen Infrastructure Income Fund in advancing its capital-raising strategy. Through this share offering, the fund aims to inject new capital into investment opportunities within the next-generation infrastructure sector, further strengthening its asset portfolio and long-term earning capability. The specific terms, scale, and timetable of the share offering plan are yet to be announced. This collaboration with UBS is expected to provide fund shareholders with more convenient participation channels and improve capital operation efficiency.
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