abrdn Income Credit Strategies Fund Closes $100 Million Preferred Shares Offering for Debt Refinancing
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 18 2025
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Source: PRnewswire
- Financing Scale: abrdn Income Credit Strategies Fund has closed a $100 million private offering of preferred shares, which is expected to be used primarily for refinancing existing debt and making new investments, thereby optimizing its capital structure and enhancing financial flexibility.
- Rating Advantage: The preferred shares issued have received an A2 rating from Moody's, indicating high credit quality, which helps attract more investors and reduce financing costs, further enhancing the fund's competitive position in the market.
- Investment Strategy: The fund's management anticipates that the strategic use of leverage will aid in income generation by capitalizing on interest rate differentials, thereby supporting the fund's long-term investment objectives.
- Asset Management Scale: As of September 30, 2025, Aberdeen Investments manages approximately $515 billion in assets, demonstrating its strong capabilities and market influence in the asset management sector.
Analyst Views on ACP
Wall Street analysts forecast ACP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ACP is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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About ACP
abrdn Income Credit Strategies Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund’s primary investment objective is to seek a high level of current income with a secondary objective of capital appreciation. The Fund seeks to achieve its investment objectives by opportunistically investing primarily in loan and debt instruments (and loan-related or debt-related instruments, including repurchase and reverse repurchase agreements and derivative instruments) of issuers that operate in a variety of industries and geographic regions. The Fund’s investment manager is abrdn Investments Limited.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
