XAI Octagon Floating Rate & Alternative Income Trust Announces Private Placement of $73 Million of Mandatory Redeemable Preferred Shares
XAI Octagon Floating Rate & Alternative Income Term Trust Common Shares of Beneficial Interest (XFLT)
US:NYSE Investor Relations:
quotes.ino.com/charting/index.html?s=nyse_xflt&t=f&a=1&w=1&v=d12
Company Research
Source: GlobeNewswire
CHICAGO, Oct. 01, 2025 (GLOBE NEWSWIRE) -- XAI Octagon Floating Rate & Alternative Income Trust (the “Trust”) (NYSE: XFLT), a diversified, closed-end management investment company with an investment objective to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle, has reached an agreement with certain institutional investors for the purchase and sale of 7,300,000 shares of the Trust’s 5.92% Series A Mandatory Redeemable Preferred Shares due January 31, 2031 (the “Mandatory Redeemable Preferred Shares”), liquidation preference $10.00 per share. The Trust expects to receive net proceeds (before expenses) from the sale of the Mandatory Redeemable Preferred Shares of approximately $71.5 million. The investors have agreed to purchase the Mandatory Redeemable Preferred Shares, at one or more closings on or before December 18, 2025. The Mandatory Redeemable Preferred Shares pay a quarterly dividend at a fixed annual rate of 5.92% o
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XFLT
News
- XAI Octagon Floating Rate & Alternative Income Trust Declares its Monthly Common Shares Distribution of $0.070 per ShareGlobeNewswire
- XAI Octagon Floating Rate & Alternative Income Trust Will Host its Q3 2025 Quarterly Webinar on December 2, 2025GlobeNewswire
- XAI Octagon Floating Rate & Alternative Income Trust Declares its Monthly Common Shares Distribution of $0.070 per ShareGlobeNewswire
- XA Investments Will Host a Webinar on October 23, 2025GlobeNewswire
- XA Investments Reports a Record 300+ Interval / Tender Offer Funds in its Third Quarter 2025 Market UpdateGlobeNewswire
XFLT
Sec Filings
- 12/1/25 - Form N-CSR
- 11/26/25 - Form NPORT-P
- 11/14/25 - Form 5
- XFLT's page on the SEC website