RiverNorth Opportunities Fund sells $75M A1 MRPS due 2031
RiverNorth Opportunities Fund, Inc. closed a $75M private offering of Series B Mandatory Redeemable Preferred Shares due Sept. 18, 2031, rated A1 by Moody’s; proceeds will primarily refinance existing debt and fund new investments.
RiverNorth Opportunities Fund, Inc. closed a $75M private offering of Series B Mandatory Redeemable Preferred Shares, due Sept. 18, 2031, rated A1 by Moody’s. Material DetailsContext by AI AnalystThis extends RIV’s leverage st…