Gabelli Multimedia Trust Closes Series G Cumulative Preferred Stock Offering

December 24, 2019

New York – Paul Hastings LLP, a leading global law firm, represented The Gabelli Multimedia Trust (“the Fund”) in their SEC-registered 5.125% Series G Cumulative Preferred Stock offering of two million shares with an aggregate value of $50 million. The Gabelli Multimedia Trust Inc. is a non-diversified, closed-end management investment company with $264 million in total net assets and is managed by Gabelli Funds, LLC.

Investment Management partner Michael Rosella and of counsel Vadim Avdeychik led the Paul Hastings team, which also included of counsel Bill Belitsky and associates Peter Keffer and Ryan Johnson.

The offering was led by BofA Securities and included G.research LLC.

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