PIMCO Global Income Opportunities Fund announces $80 million ATM offering

Company

PIMCO Global Income Opportunities Fund

Law Firm / Organization
Blake, Cassels & Graydon LLP

Bank

National Bank Financial Inc

Law Firm / Organization
McCarthy Tétrault LLP

On February 18, 2025, PIMCO Global Income Opportunities Fund (the “Fund”) announced an at-the-market offering of Class A units for up to $80 million. The Fund entered into an equity distribution agreement with National Bank Financial Inc. as the agent, with sales to be conducted on the Toronto Stock Exchange (TSX) at prevailing market prices. The TSX has conditionally approved the listing of the additional units. Managed by PIMCO Canada Corp. and sub-advised by Pacific Investment Management Company LLC (PIMCO), the Fund invests in global fixed-income securities to provide monthly distributions, total return maximization, and capital preservation. Net proceeds will be used for investment purposes. The issue price of the units will not be lower than 100% of the most recent net asset value (NAV) per unit, and the agent will receive a commission of up to 2.5% of the gross sale price per unit.

Blake, Cassels & Graydon LLP is acting as legal counsel for the Fund, while McCarthy Tétrault LLP represents the agent. As of February 14, 2025, the Fund’s units traded on the TSX under the symbol "PGI.UN", closing at $7.45 per unit.

Public/Private Offering
Banking/Finance
$ 80,000,000
Active