Saba Capital Income & Opportunities Fund Announces Rights Offering Results with $78.6 Million in Gross Proceeds.

Saba Capital Income & Opportunities Fund (BRW) has announced the final results of its transferable rights offer, issuing 10.8 million common shares at $7.25 per share, raising approximately $78.6 million. The subscription price was based on 87.5% of the fund's net asset value per share on the expiration date. The fund will use the proceeds to support its investment objectives.