Carlyle Credit Income Fund closes $18.6M private placement of 7.50% Series C Convertible Preferred Shares due 2030

Carlyle Credit Income Fund

Issued ~20,000 shares at $930 each; net proceeds of ~$18.6M before expenses.
Shares have $1,000 liquidation preference, pay 7.50% annual dividend ($75/year) quarterly.
Mandatory redemption on Jan 31, 2030; optional redemption after July 31, 2025.
Holders can convert into common shares after 6 months at greater of market or NAV.
Net proceeds to be used for investments, distributions, and working capital.

item 1.01 item 3.02 item 5.03 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Carlyle Credit Income Fund: Adopted Third Supplement to Amended and Restated Declaration of Trust establishing rights and preferences of Series C Convertible Preferred Shares (effective 2025-01-31).

Change: charter amendment
Effective: 2025-01-31

Exact text from the filing

On January 31, 2025, the Fund adopted the Third Supplement to the Amended and Restated Declaration of Trust (the “Third Supplement”), establishing and fixing the rights and preferences of the Convertible Preferred Shares.

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247 governance changes filed in the last 30 days. Browse all governance changes →

Carlyle Credit Income Fund filing history →

Source: SEC EDGAR

accession 0001193125-25-018598

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