Gabelli Global Small and Mid Cap Value to redeem 5.45% series A preferreds

By Rebecca Melvin

Concord, N.H., Jan. 28 – Gabelli Global Small and Mid Cap Value Trust’s board of trustees has approved the redemption of all outstanding 5.45% series A cumulative preferred shares, according to a news release.

The preferreds will be redeemed at $25.24600694 per share, which consists of the $25 per share liquidation preference plus accrued interest through the Feb. 28 redemption date.

Computershare Trust Co. NA is the paying agent for the redemption.

The preferreds trade under the symbol “GGZPrA” on the New York Stock Exchange.

Gabelli is a Rye, N.Y.-based investment firm.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.