secwatch.observer — SEC 8-K summary
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Issuer:     Carlyle Credit Income Fund (CCIF)
CIK:        0001517767
Form:       8-K
Filed at:   2025-01-31T23:59:59+00:00
Accession:  0001193125-25-018398
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Carlyle Credit Income Fund raises ~$18.6M via convertible preferred shares
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- Issued ~20,000 Series C Convertible Preferred Shares at $930/share, raising net proceeds ~$18.6M.
- Dividend 7.50% annual ($75/share/year), payable quarterly starting April 30, 2025; mandatory redemption on Jan 31, 2030.
- Convertible into common shares after 6 months at conversion price = higher of 5-day avg market price or most recent NAV.
- Shares not listed on exchange, transfer restricted; sold without placement agent under Section 4(a)(2) exemption.
- Proceeds to be used for investments, distributions, and working capital.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1517767/000119312525018398/0001193125-25-018398-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1517767/000119312525018398/d873482d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-018398

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