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Offering details
Cushing Renaissance Fund's (SZC) announced a rights offering on June 7. As per their press release:
Cushing Renaissance Fund Announces Terms of Rights Offering. The board of trustees (the "Board") of The Cushing Renaissance Fund (SZC) the "Fund") has approved the terms of the issuance of transferable rights ("Rights") to the holders of the Fund's common shares (the "Common Shareholders")