ClearBridge Energy Midstream Opportunity Fund prices $60 million preferred stock placement
EMO•The fund priced a $60 million fixed-rate mandatory redeemable preferred stock private placement, with funding expected in Q4 2026 and proceeds earmarked to refinance existing leverage and support new portfolio investments.
1. Placement details
The placement includes three MRPS series priced at rates from 6.15% to 6.43%, with a $35 liquidation preference. Term redemption dates run from Dec. 12, 2029, to Nov. 9, 2033.
