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M&G Credit Income Trust Expands Equity Base

M&G Credit Income Investment Trust Plc (GB:MGCI) has released an update.

M&G Credit Income Investment Trust plc has successfully issued 600,000 ordinary shares from treasury at a premium, priced at 95.25 pence per share, increasing the total shares in issue to over 144 million. This equity issuance highlights the company’s strategic approach to capital management, offering investors a potential opportunity in the financial markets.

For further insights into GB:MGCI stock, check out TipRanks’ Stock Analysis page.

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