Investment Banking - Cushing MLP Total Return Fund
Transactions | Infrastructure/Environmental/Water
Client: Cushing MLP Total Return Fund
Transaction Type: Capital Raise
- Founded in 2007, Cushing MLP Total Return Fund (NYSE: SRV) is a closed-end mutual fund launched by Swank Capital, LLC and is headquartered in Dallas, TX.
- Cushing invests in the natural resources and global commodities sectors across the globe with a focus in the United States.
- Cushing sold 6.9 million shares in the transaction for gross proceeds of $60.0 million dollars.
- Boenning & Scattergood acted as a co-manager in the offering.