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Prospect News home > News index > List of issuers D > Headlines for DNP Select Income Fund Inc. > News item
Published on 1/29/2019 in the Prospect News Investment Grade Daily, Prospect News Liability Management Daily and Prospect News Preferred Stock Daily.

DNP to redeem $132 million series A mandatory redeemable preferreds

By Wendy Van Sickle

Columbus, Ohio, Jan. 29 – DNP Select Income Fund Inc. will redeem its $132 million of series A mandatory redeemable preferred shares, according to a press release issued Tuesday.

The preferreds will be redeemed using proceeds of $132 million of new 4.63% series E mandatory redeemable preferred shares.

The fund is a Chicago-based closed-end diversified investment management company managed by Chicago-based Duff & Phelps Investment Management Co.


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