20 Oct 2025

"Simpson Thacher Advises Cohen & Steers Infrastructure Fund on $353 Million Rights Offering"

"Simpson Thacher advised Cohen & Steers Infrastructure Fund, Inc. on a SEC-registered rights offering, through which the Fund plans to issue approximately 14.99 million new shares of common stock, aiming to raise about $353 million. The Fund is a closed-end management investment company listed on the NYSE under the ticker "UTF.""

Simpson Thacher represented Cohen & Steers Infrastructure Fund, Inc. in a significant financial transaction. The Fund, a closed-end management investment company registered under the 1940 Act, is conducting an SEC-registered transferable rights offering, through which it expects to issue approximately 14,993,927 new shares of common stock, aiming for gross proceeds of around $353 million. The Fund's shares are traded on the NYSE under the ticker symbol “UTF.” The Simpson Thacher team involved in this transaction included Ken Burdon, Andy Madore, Sophie Kim, and Jarius McDade, all from the Registered Funds practice area; Jonathan Cantor and Michael Slomovics from the Tax practice; and Jennie Getsin, who specializes in FINRA matters.
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