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Nuveen Global High Income Fund Announces Terms of Rights Offering

JGH
  • Nuveen Global High Income Fund (NYSE: JGH) Board approved a rights offering for holders of Common Shares as of the October 21, 2025 Record Date.
  • Rights will be transferable & allow holders to subscribe for additional Common Shares at a discount to market price.
  • The Adviser will bear all expenses related to the Offer, not the Fund or its shareholders.
  • Key benefits cited include enhanced portfolio yields, tax-efficient rebalancing, lower expense ratios via increased assets, & improved liquidity.
  • Record Date Shareholders receive one Right per share, with four Rights required to purchase one new Common Share.
  • Subscription Price is set at 95% of the average NYSE sales price over the Expiration Date & four preceding days, subject to a floor of 90% of Net Asset Value.
  • The Rights offering expires at 5:00 p.m. Eastern time on November 20, 2025.
  • Rights are expected to trade "when-issued" under "JGH RTWI" on October 20, 2025, & with regular settlement under "JGH RT" starting around October 23, 2025.
  • Rights trading ceases on November 19, 2025, & shareholders may sell Rights during the offering period.
  • Common Shares issued after the October 15 & November 14 record dates will not receive distributions payable on November 3 or December 1, 2025, but will qualify for the December 31, 2025 distribution.
  • The Offer is made via a prospectus supplement, & final terms may differ from those outlined in this release.
  • Nuveen manages $1.3 trillion in assets globally as of June 30, 2025, across 45 closed-end funds.