---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-070838"
form_type: "8-K"
ticker: "DHY"
cik: "0001061353"
company_name: "CREDIT SUISSE HIGH YIELD CREDIT FUND"
filed_at: "2023-06-13T23:59:59+00:00"
generated_at: "2026-06-14T01:48:28.434306+00:00"
event_type: "regulatory"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# CS High Yield Bond Fund discloses merger of parent CS Group into UBS; SEC waiver granted for advisory disqualification

## Summary
- CS Group merged into UBS Group on June 12, 2023; Credit Suisse now indirect UBS subsidiary.
- Fund's investment advisory agreement may have terminated; Board approved interim agreement for up to 150 days.
- SEC granted temporary waiver from Section 9(a) disqualification related to Oct 2022 NJ Consent Judgment against affiliates.
- Time-limited exemption sought to allow Credit Suisse to serve until 12-month anniversary of closing; SEC not yet acted.
- No immediate changes to fund's strategies or portfolio managers; services expected to transfer to UBS within one year.

## SEC filing metadata
- accession: 0001104659-23-070838
- form_type: 8-K
- ticker: DHY
- cik: 0001061353
- company_name: CREDIT SUISSE HIGH YIELD CREDIT FUND
- filed_at: 2023-06-13T23:59:59+00:00
- event_type: regulatory
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1061353/000110465923070838/0001104659-23-070838-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1061353/000110465923070838/tm2318543d3_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-070838
- JSON: https://secwatch.observer/filing/0001104659-23-070838.json
- Plain text: https://secwatch.observer/filing/0001104659-23-070838.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.