---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-122632"
form_type: "8-K"
ticker: "ACP"
cik: "0001503290"
company_name: "abrdn Income Credit Strategies Fund"
filed_at: "2025-12-19T23:59:59+00:00"
generated_at: "2026-05-16T12:33:39.601414+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# abrdn Income Credit Strategies Fund issues $100M Series A MRP Shares due 2030

## Summary
- Issued 4,000,000 Series A Mandatorily Redeemable Preferred Shares at $25.00 liquidation preference.
- Gross proceeds of $100 million from a private placement exempt under Rule 506(c).
- MRP Shares mature on December 18, 2030 and are rated 'A2/stable' by Moody's.
- Statement of Preferences was adopted on December 18, 2025, establishing the rights of the MRP Shares.
- Proceeds expected to be used for general fund purposes, as described in the offering memorandum.

## SEC filing metadata
- accession: 0001104659-25-122632
- form_type: 8-K
- ticker: ACP
- cik: 0001503290
- company_name: abrdn Income Credit Strategies Fund
- filed_at: 2025-12-19T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1503290/000110465925122632/0001104659-25-122632-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1503290/000110465925122632/tm2533555d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-122632
- JSON: https://secwatch.observer/filing/0001104659-25-122632.json
- Plain text: https://secwatch.observer/filing/0001104659-25-122632.txt

## Key facts
- Equity Issuances
  abrdn Income Credit Strategies Fund issued 4,000,000 shares of preferred stock to each purchaser named therein for gross proceeds from the sale of the MRP Shares of $100 million.
  - Security: preferred stock
  - Shares: 4,000,000 shares
  - Purchaser: each purchaser named therein
  - Consideration: gross proceeds from the sale of the MRP Shares of $100 million
  source text: pursuant to Rule 506(c) under the Securities Act of 1933, as amended (the “Preferred Placement”). The Fund received gross proceeds from the sale of the MRP Shares of $100 million. t from registration pursuant to Rule 506(c) under the Securities Act of 1933, as amended (the “Preferred Placement”). The Fund received gross proceeds from the sale of the MRP
  evidence_url: https://www.sec.gov/Archives/edgar/data/1503290/000110465925122632/0001104659-25-122632-index.htm
- Material Agreements
  abrdn Income Credit Strategies Fund entered into Securities Purchase Agreement with each purchaser named therein valued at 4,000,000 Series A Mandatorily Redeemable Preferred Shares due December 18, 2030, liquidation prefer (effective 2025-12-18).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: each purchaser named therein
  - Value: 4,000,000 Series A Mandatorily Redeemable Preferred Shares due December 18, 2030, liquidation prefer
  - Effective: 2025-12-18
  source text: On December 18, 2025, abrdn Income Credit Strategies Fund (NYSE: ACP) (the “Fund”) entered into a securities purchase agreement (the “Purchase Agreement”), by and among the Fund and each purchaser named therein (the “Purchasers”), in connection with the issuance and sale of 4,000,000 shares of the Fund’s Series A Mandatorily Redeemable Preferred Shares due December 18, 2030, liquidation preference of $25.00 (the “MRP Shares”), in a transaction exempt from registration pursuant to Rule 506(c) under the Securities Act of 1933, as amended (the “Preferred Placement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1503290/000110465925122632/0001104659-25-122632-index.htm

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