 CHICAGO--BUSINESS WIRE--XAI Octagon Floating Rate Alternative Income Term Trust the Trust NYSE: XFLT, a diversified, closed-end management investment company with an investment objective to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle, has entered into a purchase agreement with certain institutional investors for the purchase and sale of 400,000 shares of its 6.50 Series 2026 Term Preferred Shares the Preferred Sh 