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Aberdeen Income Credit Strategies Fund Announces Rights Offering And Monthly Distribution News provided by Share this article Share this article PHILADELPHIA, May 10, 2021 /PRNewswire/  The Board of Trustees (the Board ) of Aberdeen Income Credit Strategies Fund ( NYSE: ACP) (the Fund ), a closed-end fund, has approved the terms of the issuance of transferable rights ( Rights ) to the holders of the Fund s common shares (the Common Shareholders ) of beneficial interest ( Common Shares ) as of the record date, entitling the holders of those Rights to subscribe for Common Shares (the Offer ). The Board, based on the recommendations and presentations of Aberdeen Asset Managers Limited, the Fund s investment adviser (the Adviser ), and others, has determined that it is in the best interests of the Fund and the Common Shareholders to conduct the Offer and seek to increase the assets of the Fund available for investment.   The Offer seeks to provide an opportunity to existi

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