ClearBridge American Energy MLP Fund Inc Raises $1.2 Billion
ClearBridge American Energy MLP Fund Inc. announced that pricing has been completed for its initial public offering. The Fund raised gross proceeds of approximately $1.05 billion in its common stock offering; assuming full exercise of the underwriters' overallotment option, which may or may not occur, the Fund will have raised approximately $1.2 billion. Its shares began trading on the New York Stock Exchange under the symbol 'CBA'.
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