According to a regulatory filing, the offer will allow shareholders to tend some or all of their shares at a price of $0.764 per share, equivalent to 31 December 2023's $0.78 NAV per share, less 2% administrative costs. US Solar Fund eyes share buybacks as NAV falls 20% over 2023 The terms of the proposed tender offer will be issued in a circular next week, which will be followed by a special resolution at a general meeting on 21 May 2024, coinciding with the trust's AGM. Following an exercise exploring potential methods to refinance the vehicle's senior debt facilities in order t...
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