NXG Cushing® Midstream Energy Fund (NYSE: SRV) Announces the Preliminary Results of its Rights Offering
Cushing MLP & Infrastructure Total Return Fund (SRV)
US:NYSE Investor Relations:
cushingcef.com/cushing-mlp-total-return-fund
Company Research
Source: PR Newswire
DALLAS, Dec. 12, 2025 /PRNewswire/ -- The NXG Cushing® Midstream Energy Fund (NYSE: SRV) (the "Fund") announced the preliminary results of its transferable rights offering (the "Offer"). The Offer commenced on November 17, 2025, and expired on December 11, 2025 (the "Expiration Date"). The Offer entitled rights holders to subscribe for up to an aggregate of 1,555,870 of the Fund's common shares of beneficial interest, par value $0.001 per share ("Common Shares"). The subscription price was $39.89 per Common Share and was determined based upon 92.5% of the Fund's net asset value ("NAV") per Common Share at the close of trading on the New York Stock Exchange on the Expiration Date. The Offer was oversubscribed. Common Shares will be issued promptly after receipt of all shareholder payments and completion of the pro-rata allocation of Common Shares in respect of the oversubscription privilege.Gross proceeds of the Offer are expected to be approximately $62,000,000. The Fund intends to i
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News
- NXG Cushing Midstream Energy Fund declares $0.45 dividend [Seeking Alpha]Seeking Alpha
- NXG Cushing® Midstream Energy Fund (NYSE: SRV) Announces DistributionsPR Newswire
- NXG Cushing® Midstream Energy Fund (NYSE: SRV) Announces Terms of Rights Offering, Announces December Monthly Distribution and Provides Update on Capital GainsPR Newswire
SRV
Sec Filings
- 11/19/25 - Form 8-K
- 11/17/25 - Form 424B2
- 11/12/25 - Form 4
- SRV's page on the SEC website