{"id":531047,"date":"2021-08-24T16:08:44","date_gmt":"2021-08-24T20:08:44","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/calamos-closed-end-funds-nasdaq-chi-chy-csq-cgo-chw-and-ccd-announce-private-placements-totaling-284-5-million-of-mandatory-redeemable-preferred-shares\/"},"modified":"2021-08-24T16:08:44","modified_gmt":"2021-08-24T20:08:44","slug":"calamos-closed-end-funds-nasdaq-chi-chy-csq-cgo-chw-and-ccd-announce-private-placements-totaling-284-5-million-of-mandatory-redeemable-preferred-shares","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/calamos-closed-end-funds-nasdaq-chi-chy-csq-cgo-chw-and-ccd-announce-private-placements-totaling-284-5-million-of-mandatory-redeemable-preferred-shares\/","title":{"rendered":"Calamos Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW and CCD) Announce Private Placements Totaling $284.5 Million of Mandatory Redeemable Preferred Shares"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">NAPERVILLE, Ill.<\/span>, <span class=\"xn-chron\">Aug. 24, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0The Boards of Trustees of six of Calamos Investments&#8217;\u00a0closed-end funds (the Funds) today announced the issuance of two additional series of mandatory redeemable preferred (MRP) shares totaling <span class=\"xn-money\">$284.5 million<\/span>. The newly issued MRP shares will provide additional financial leverage for the Funds.\u00a0 <\/p>\n<p>&#8220;The successful placement of these shares is a testament to the strength of the Calamos Closed-End Fund franchise,&#8221; said <span class=\"xn-person\">John Koudounis<\/span>, President and CEO of Calamos Investments. He continued, &#8220;With our history of innovation and commitment to delivering closed-end fund solutions suited for a range of investor needs, the business remains an important component of our growth strategy going forward.&#8221;<\/p>\n<p>Kroll Bond Rating Agency, LLC (KBRA) assigned ratings of &#8220;AA-&#8221; to each series of MRP shares.\u00a0 The MRP shares were privately placed with institutional investors and were issued in two series subject to mandatory redemption 5 years from the date of issuance, as shown. The Series D and Series E MRP shares are to pay monthly cash dividends initially at rates of 2.45% and 2.68%, respectively, subject to adjustment under certain circumstances. Series E has a delayed funding date of <span class=\"xn-chron\">May 24<\/span>, 2022.\u00a0 The co-placement agents for this offering of MRP shares were Nomura Securities International, Inc. and UBS Securities LLC.\u00a0 <\/p>\n<p>John. P. Calamos, Sr., Chairman and Global Chief Investment Officer stated, &#8220;This transaction continues to provide our closed-end funds&#8217; additional diversification in their funding structure while locking in longer term financing at attractive rates which we believe will benefit the Funds&#8217; common shareholders.&#8221;<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tr>\n<td colspan=\"4\" class=\"prnsbts prnrbrs prnvab prnsbbs prntac prnpl6 prnsbls prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>MRP Shares Issuance \u2013 Aggregate Liquidation Preference by Series (in Millions)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prnsbt1 prnrbrs prnvam prnsbbs prntac prnpl6 prnsbls prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\" \/>\u00a0<\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Fund<br \/><\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Series D<\/b><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(5 years)<\/b><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(August 24, 2026)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Series E<\/b><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(5 years)<\/b><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(May 24, 2027)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Total Issued<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prnsbt1 prnrbrs prnvam prnsbbs prntal prnpl6 prnsbls prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>CHI<\/b><br \/>\n                  <i>(inception 06\/26\/2002)<\/i><br \/>\n                  <br \/>Calamos Convertible Opportunities and Income Fund <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$33.00<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$33.25<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$66.25<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>CHY<\/b><br \/>\n                  <i> (inception 05\/28\/2003)<\/i><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Calamos Convertible and High Income Fund <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$35.00<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$36.50<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$71.50<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>CSQ<\/b><br \/>\n                  <i>(inception 03\/26\/2004)<\/i><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Calamos Strategic Total Return Fund<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$62.00<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$0.00<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$62.00<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>CGO <\/b><br \/>\n                  <i>(inception 10\/27\/2005)<\/i><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Calamos Global Total Return Fund<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$5.00<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$4.00<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$9.00<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>CHW <\/b><br \/>\n                  <i>(inception 06\/27\/2007)<\/i><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Calamos Global Dynamic Income Fund<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$5.00<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$21.50<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$26.50<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>CCD <\/b><br \/>\n                  <i>(inception 03\/27\/2015)<\/i><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Calamos Dynamic Convertible and Income Fund<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$28.00<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$21.25<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$49.25<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>Additional information about Calamos closed-end funds can be found on our website at:<br \/><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3269265-1&amp;h=1288242000&amp;u=http%3A%2F%2Fwww.calamos.com%2FCHI&amp;a=www.calamos.com%2FCHI\" rel=\"nofollow noopener\">www.calamos.com\/CHI<\/a>, <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3269265-1&amp;h=1373433950&amp;u=http%3A%2F%2Fwww.calamos.com%2FCHY&amp;a=www.calamos.com%2FCHY\" rel=\"nofollow noopener\">www.calamos.com\/CHY<\/a>, <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3269265-1&amp;h=1120639862&amp;u=http%3A%2F%2Fwww.calamos.com%2FCSQ&amp;a=www.calamos.com%2FCSQ\" rel=\"nofollow noopener\">www.calamos.com\/CSQ<\/a>, <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3269265-1&amp;h=4246955012&amp;u=http%3A%2F%2Fwww.calamos.com%2FCGO&amp;a=www.calamos.com%2FCGO\" rel=\"nofollow noopener\">www.calamos.com\/CGO<\/a>, <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3269265-1&amp;h=762153707&amp;u=http%3A%2F%2Fwww.calamos.com%2FCHW&amp;a=www.calamos.com%2FCHW\" rel=\"nofollow noopener\">www.calamos.com\/CHW<\/a>, and <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3269265-1&amp;h=4082962983&amp;u=http%3A%2F%2Fwww.calamos.com%2FCCD&amp;a=www.calamos.com%2FCCD\" rel=\"nofollow noopener\">www.calamos.com\/CCD<\/a>.\u00a0 <\/p>\n<p>\n        <b>About Calamos<\/b><br \/>\n        <br \/>Calamos Investments is a diversified global investment firm offering innovative investment strategies including alternatives, multi-asset, convertible, fixed income, and equity. The firm offers strategies through separately managed portfolios, mutual funds, closed-end funds, private funds, and UCITS funds. Clients include major corporations, pension funds, endowments, foundations and individuals, as well as the financial advisors and consultants who serve them. Headquartered in the <span class=\"xn-location\">Chicago<\/span> metropolitan area, the firm also has offices in <span class=\"xn-location\">New York<\/span>, <span class=\"xn-location\">San Francisco<\/span>, <span class=\"xn-location\">Milwaukee<\/span>, and the <span class=\"xn-location\">Miami<\/span> area. For more information, please visit <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3269265-1&amp;h=926601590&amp;u=http%3A%2F%2Fwww.calamos.com%2F&amp;a=www.calamos.com\" rel=\"nofollow noopener\">www.calamos.com<\/a>.<\/p>\n<p>*Calamos Investments LLC, referred to herein as Calamos Investments<sup>\u00ae<\/sup>, is a financial services company offering such services through its subsidiaries: Calamos Advisors LLC, Calamos Wealth Management LLC, Calamos Investments LLP and Calamos Financial Services LLC.\u00a0<\/p>\n<p>\u00a0<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CG85106&amp;sd=2021-08-24\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/calamos-closed-end-funds-nasdaq-chi-chy-csq-cgo-chw-and-ccd-announce-private-placements-totaling-284-5-million-of-mandatory-redeemable-preferred-shares-301361908.html\">https:\/\/www.prnewswire.com\/news-releases\/calamos-closed-end-funds-nasdaq-chi-chy-csq-cgo-chw-and-ccd-announce-private-placements-totaling-284-5-million-of-mandatory-redeemable-preferred-shares-301361908.html<\/a><\/p>\n<p>SOURCE  Calamos Investments<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CG85106&amp;Transmission_Id=202108241605PR_NEWS_USPR_____CG85106&amp;DateId=20210824\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NAPERVILLE, Ill., Aug. 24, 2021 \/PRNewswire\/ &#8212;\u00a0The Boards of Trustees of six of Calamos Investments&#8217;\u00a0closed-end funds (the Funds) today announced the issuance of two additional series of mandatory redeemable preferred (MRP) shares totaling $284.5 million. The newly issued MRP shares will provide additional financial leverage for the Funds.\u00a0 &#8220;The successful placement of these shares is a testament to the strength of the Calamos Closed-End Fund franchise,&#8221; said John Koudounis, President and CEO of Calamos Investments. He continued, &#8220;With our history of innovation and commitment to delivering closed-end fund solutions suited for a range of investor needs, the business remains an important component of our growth strategy going forward.&#8221; Kroll Bond Rating Agency, LLC (KBRA) assigned ratings of &#8220;AA-&#8221; &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/calamos-closed-end-funds-nasdaq-chi-chy-csq-cgo-chw-and-ccd-announce-private-placements-totaling-284-5-million-of-mandatory-redeemable-preferred-shares\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Calamos Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW and CCD) Announce Private Placements Totaling $284.5 Million of Mandatory Redeemable Preferred Shares&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-531047","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Calamos Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW and CCD) Announce Private Placements Totaling $284.5 Million of Mandatory Redeemable Preferred Shares - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/calamos-closed-end-funds-nasdaq-chi-chy-csq-cgo-chw-and-ccd-announce-private-placements-totaling-284-5-million-of-mandatory-redeemable-preferred-shares\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Calamos Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW and CCD) Announce Private Placements Totaling $284.5 Million of Mandatory Redeemable Preferred Shares - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NAPERVILLE, Ill., Aug. 24, 2021 \/PRNewswire\/ &#8212;\u00a0The Boards of Trustees of six of Calamos Investments&#8217;\u00a0closed-end funds (the Funds) today announced the issuance of two additional series of mandatory redeemable preferred (MRP) shares totaling $284.5 million. The newly issued MRP shares will provide additional financial leverage for the Funds.\u00a0 &#8220;The successful placement of these shares is a testament to the strength of the Calamos Closed-End Fund franchise,&#8221; said John Koudounis, President and CEO of Calamos Investments. He continued, &#8220;With our history of innovation and commitment to delivering closed-end fund solutions suited for a range of investor needs, the business remains an important component of our growth strategy going forward.&#8221; Kroll Bond Rating Agency, LLC (KBRA) assigned ratings of &#8220;AA-&#8221; &hellip; Continue reading &quot;Calamos Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW and CCD) Announce Private Placements Totaling $284.5 Million of Mandatory Redeemable Preferred Shares&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/calamos-closed-end-funds-nasdaq-chi-chy-csq-cgo-chw-and-ccd-announce-private-placements-totaling-284-5-million-of-mandatory-redeemable-preferred-shares\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-24T20:08:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CG85106&amp;sd=2021-08-24\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/calamos-closed-end-funds-nasdaq-chi-chy-csq-cgo-chw-and-ccd-announce-private-placements-totaling-284-5-million-of-mandatory-redeemable-preferred-shares\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/calamos-closed-end-funds-nasdaq-chi-chy-csq-cgo-chw-and-ccd-announce-private-placements-totaling-284-5-million-of-mandatory-redeemable-preferred-shares\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Calamos Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW and CCD) Announce Private Placements Totaling $284.5 Million of Mandatory Redeemable Preferred Shares\",\"datePublished\":\"2021-08-24T20:08:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/calamos-closed-end-funds-nasdaq-chi-chy-csq-cgo-chw-and-ccd-announce-private-placements-totaling-284-5-million-of-mandatory-redeemable-preferred-shares\\\/\"},\"wordCount\":512,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/calamos-closed-end-funds-nasdaq-chi-chy-csq-cgo-chw-and-ccd-announce-private-placements-totaling-284-5-million-of-mandatory-redeemable-preferred-shares\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=CG85106&amp;sd=2021-08-24\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/calamos-closed-end-funds-nasdaq-chi-chy-csq-cgo-chw-and-ccd-announce-private-placements-totaling-284-5-million-of-mandatory-redeemable-preferred-shares\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/calamos-closed-end-funds-nasdaq-chi-chy-csq-cgo-chw-and-ccd-announce-private-placements-totaling-284-5-million-of-mandatory-redeemable-preferred-shares\\\/\",\"name\":\"Calamos Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW and CCD) Announce Private Placements Totaling $284.5 Million of Mandatory Redeemable Preferred Shares - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/calamos-closed-end-funds-nasdaq-chi-chy-csq-cgo-chw-and-ccd-announce-private-placements-totaling-284-5-million-of-mandatory-redeemable-preferred-shares\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/calamos-closed-end-funds-nasdaq-chi-chy-csq-cgo-chw-and-ccd-announce-private-placements-totaling-284-5-million-of-mandatory-redeemable-preferred-shares\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=CG85106&amp;sd=2021-08-24\",\"datePublished\":\"2021-08-24T20:08:44+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/calamos-closed-end-funds-nasdaq-chi-chy-csq-cgo-chw-and-ccd-announce-private-placements-totaling-284-5-million-of-mandatory-redeemable-preferred-shares\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/calamos-closed-end-funds-nasdaq-chi-chy-csq-cgo-chw-and-ccd-announce-private-placements-totaling-284-5-million-of-mandatory-redeemable-preferred-shares\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/calamos-closed-end-funds-nasdaq-chi-chy-csq-cgo-chw-and-ccd-announce-private-placements-totaling-284-5-million-of-mandatory-redeemable-preferred-shares\\\/#primaryimage\",\"url\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=CG85106&amp;sd=2021-08-24\",\"contentUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=CG85106&amp;sd=2021-08-24\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/calamos-closed-end-funds-nasdaq-chi-chy-csq-cgo-chw-and-ccd-announce-private-placements-totaling-284-5-million-of-mandatory-redeemable-preferred-shares\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Calamos Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW and CCD) Announce Private Placements Totaling $284.5 Million of Mandatory Redeemable Preferred Shares\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Calamos Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW and CCD) Announce Private Placements Totaling $284.5 Million of Mandatory Redeemable Preferred Shares - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/calamos-closed-end-funds-nasdaq-chi-chy-csq-cgo-chw-and-ccd-announce-private-placements-totaling-284-5-million-of-mandatory-redeemable-preferred-shares\/","og_locale":"en_US","og_type":"article","og_title":"Calamos Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW and CCD) Announce Private Placements Totaling $284.5 Million of Mandatory Redeemable Preferred Shares - Market Newsdesk","og_description":"PR Newswire NAPERVILLE, Ill., Aug. 24, 2021 \/PRNewswire\/ &#8212;\u00a0The Boards of Trustees of six of Calamos Investments&#8217;\u00a0closed-end funds (the Funds) today announced the issuance of two additional series of mandatory redeemable preferred (MRP) shares totaling $284.5 million. The newly issued MRP shares will provide additional financial leverage for the Funds.\u00a0 &#8220;The successful placement of these shares is a testament to the strength of the Calamos Closed-End Fund franchise,&#8221; said John Koudounis, President and CEO of Calamos Investments. He continued, &#8220;With our history of innovation and commitment to delivering closed-end fund solutions suited for a range of investor needs, the business remains an important component of our growth strategy going forward.&#8221; Kroll Bond Rating Agency, LLC (KBRA) assigned ratings of &#8220;AA-&#8221; &hellip; Continue reading \"Calamos Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW and CCD) Announce Private Placements Totaling $284.5 Million of Mandatory Redeemable Preferred Shares\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/calamos-closed-end-funds-nasdaq-chi-chy-csq-cgo-chw-and-ccd-announce-private-placements-totaling-284-5-million-of-mandatory-redeemable-preferred-shares\/","og_site_name":"Market Newsdesk","article_published_time":"2021-08-24T20:08:44+00:00","og_image":[{"url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=CG85106&amp;sd=2021-08-24","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/calamos-closed-end-funds-nasdaq-chi-chy-csq-cgo-chw-and-ccd-announce-private-placements-totaling-284-5-million-of-mandatory-redeemable-preferred-shares\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/calamos-closed-end-funds-nasdaq-chi-chy-csq-cgo-chw-and-ccd-announce-private-placements-totaling-284-5-million-of-mandatory-redeemable-preferred-shares\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Calamos Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW and CCD) Announce Private Placements Totaling $284.5 Million of Mandatory Redeemable Preferred Shares","datePublished":"2021-08-24T20:08:44+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/calamos-closed-end-funds-nasdaq-chi-chy-csq-cgo-chw-and-ccd-announce-private-placements-totaling-284-5-million-of-mandatory-redeemable-preferred-shares\/"},"wordCount":512,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/calamos-closed-end-funds-nasdaq-chi-chy-csq-cgo-chw-and-ccd-announce-private-placements-totaling-284-5-million-of-mandatory-redeemable-preferred-shares\/#primaryimage"},"thumbnailUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=CG85106&amp;sd=2021-08-24","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/calamos-closed-end-funds-nasdaq-chi-chy-csq-cgo-chw-and-ccd-announce-private-placements-totaling-284-5-million-of-mandatory-redeemable-preferred-shares\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/calamos-closed-end-funds-nasdaq-chi-chy-csq-cgo-chw-and-ccd-announce-private-placements-totaling-284-5-million-of-mandatory-redeemable-preferred-shares\/","name":"Calamos Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW and CCD) Announce Private Placements Totaling $284.5 Million of Mandatory Redeemable Preferred Shares - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/calamos-closed-end-funds-nasdaq-chi-chy-csq-cgo-chw-and-ccd-announce-private-placements-totaling-284-5-million-of-mandatory-redeemable-preferred-shares\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/calamos-closed-end-funds-nasdaq-chi-chy-csq-cgo-chw-and-ccd-announce-private-placements-totaling-284-5-million-of-mandatory-redeemable-preferred-shares\/#primaryimage"},"thumbnailUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=CG85106&amp;sd=2021-08-24","datePublished":"2021-08-24T20:08:44+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/calamos-closed-end-funds-nasdaq-chi-chy-csq-cgo-chw-and-ccd-announce-private-placements-totaling-284-5-million-of-mandatory-redeemable-preferred-shares\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/calamos-closed-end-funds-nasdaq-chi-chy-csq-cgo-chw-and-ccd-announce-private-placements-totaling-284-5-million-of-mandatory-redeemable-preferred-shares\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/calamos-closed-end-funds-nasdaq-chi-chy-csq-cgo-chw-and-ccd-announce-private-placements-totaling-284-5-million-of-mandatory-redeemable-preferred-shares\/#primaryimage","url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=CG85106&amp;sd=2021-08-24","contentUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=CG85106&amp;sd=2021-08-24"},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/calamos-closed-end-funds-nasdaq-chi-chy-csq-cgo-chw-and-ccd-announce-private-placements-totaling-284-5-million-of-mandatory-redeemable-preferred-shares\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"Calamos Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW and CCD) Announce Private Placements Totaling $284.5 Million of Mandatory Redeemable Preferred Shares"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/531047","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=531047"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/531047\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=531047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=531047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=531047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}