Gabelli Utility Trust to Redeem Its Outstanding 5.625% Series A Cumulative Preferred Shares

Key Facts

The redemption price is $25.00 per Series A Preferred Share, plus an amount equal to any accumulated and unpaid dividends to the redemption date.
The redemption price is $25.00 per Series A Preferred Share, plus an amount equal to any accumulated and unpaid dividends to the redemption date.
” > > Tweet this As of the redemption date, the Series A Preferred Shares will no longer be deemed outstanding, dividends will cease to accumulate and all the rights of the holders of the Series A Preferred shares with respect to the Series A Preferred Shares will cease, except the right to receive the redemption price.
Payment to DTC for the Series A Preferred Shares will be made by Computershare Trust Company, N.A., as paying agent for this redemption.