Investment Banking - Cushing MLP Total Return Fund

Transactions | Infrastructure/Environmental/Water

Client: Cushing MLP Total Return Fund
Industry: Infrastructure/Environmental/Water
Transaction Type: Capital Raise
Role: Co-Manager

  • 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.