Gabelli Multimedia Trust Closes Series G Cumulative Preferred Stock Offering
December 24, 2019
New York – Paul Hastings LLP, a leading global law firm, represented The Gabelli Multimedia Trust (“the Fund”) in their SEC-registered 5.125% Series G Cumulative Preferred Stock offering of two million shares with an aggregate value of $50 million. The Gabelli Multimedia Trust Inc. is a non-diversified, closed-end management investment company with $264 million in total net assets and is managed by Gabelli Funds, LLC.
The offering was led by BofA Securities and included G.research LLC.
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