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Western Asset Diversified Income Fund Raises $1.0 Billion In Initial Public Offering, Starts Trading On New York Stock Exchange
Amount Raised
$1 Billion
Round Type
Post-IPO Equity
PasadenaFinancial ServicesDescription
Franklin Templeton, one of the world’s largest asset managers, has announced that Western Asset Diversified Income Fund (the "Fund") has raised $1,000,000,000 in its initial public offering (excluding any exercise of the underwriters' option to purchase additional common shares). The Fund’s common shares began trading on Friday, June 25, 2021, on the New York Stock Exchange under the symbol "WDI," and the offering is expected to close on Tuesday, June 29, 2021, subject to customary closing conditions.
Fundz sees it the moment Western Asset Management Company raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Western Asset Management Company raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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