Nuveen fund updates share offering use of proceeds
Nuveen AMT-Free Municipal Credit Income Fund updated the use-of-proceeds terms for its Common Shares issuance.
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Rhea-AI Filing Summary
Nuveen AMT-Free Municipal Credit Income Fund updated the use-of-proceeds terms for its Common Shares issuance. The Fund states that net proceeds will be invested in accordance with its investment objectives and policies, and it currently anticipates investing substantially all of them in qualifying investments within approximately three months of receipt. Pending investment, the proceeds are anticipated to be invested in U.S. Government securities or high-quality, short-term money market instruments. The Fund may also use proceeds to pay shareholder distributions.
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Key Terms
net proceeds financial
investment objectives and policies financial
money market instruments financial
Offering Details
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