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LMP Capital and Income Fund Plans Private Placement of Up to $45 Million in Preferred Stock
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LMP Capital and Income Fund Plans Private Placement of Up to $45 Million in Preferred Stock
  • LMP Capital and Income Fund plans a board-approved private placement of up to $45 million in fixed-rate Mandatory Redeemable Preferred Stock.
  • Pricing is expected in the fourth quarter of 2026.
  • Net proceeds will repay part of the fund’s existing leverage and finance new portfolio investments.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LMP Capital and Income Fund Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20261020004489) on October 20, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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