Company: JPC
Filing Date: 2025-04-04
Form Type: N-CSRS
Source: 0001193125-25-073011
Chunk: 275

Company: Nuveen Preferred & Income Opportunities Fund
Filing Date: 2025-04-04
Form: N-CSRS
Chunk 275
---

of

guaranteed

delivery).

The

Offer

was

over-subscribed;

however,

the

Fund

did

not

exercise

the

secondary

privilege.

The

available

primary

over-subscription

shares

were

allocated

pro-rata

among

those

fully

exercising

record

date

shareholders

who

over-subscribed

based

on

the

number

of

rights

originally

issued

to

them

by

the

Fund.

The

Fund

returned

to

those

investors

that

submitted

over-subscription

requests

the

full

amount

of

their

excess

payments.

The

Common

Shares

subscribed

for

were

issued

on

February

25,

2025,

after

completion

of

the

pro-rata

allocation

of

Common

Shares

in

respect

of

the

primary

oversubscription

privilege

and

receipt

of

all

shareholder

payments.

#### JFR
#### -

#### Borrowing
Arrangement:

During

March

2025,

the

Fund

amended

its

Borrowings,

at

which

time

the

maximum

commitment

amount

was

increased

to

$660,000,000,

all

other

terms

remained

unchanged.

#### JQC
#### –

#### Rights
Offering:

On

March

19,

2025,

the

Board

approved

the

terms

of

the

issuance

of

Rights

to

the

holders

of

the

Fund’s

Common

Shares

as

of

March

31,

2025

(the

“Record

Date”).

Holders

of

Rights

will

be

entitled

to

subscribe

for

additional

Common

shares

(the

“Offer”)

at

a

discount

to

the

market

price

of

the

Common

Shares.

After

considering

a

number

of

factors,

including

potential

benefits

and

costs,

the

Board

and

the

Adviser,

determined

that

the

Offer

will

benefit

both

the

Fund

and

its

common

shareholders

and

increase

the

assets

of

the

Fund

available

to