Carlyle Credit Income Fund

News & Events zu Carlyle Credit Income Fund (CCIF)

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10/23 08:30

Carlyle Credit Income Fund Reveals Preferred Share Offering

Carlyle Credit Income Fund has commenced an underwritten public offering of its Series D Preferred Shares. The public offering price and other terms of the Preferred Shares are to be determined by negotiations between the Fund and the underwriters. The Preferred Shares are rated 'BBB+' by Egan-Jones Ratings Company, an independent rating agency. In addition, the Fund plans to grant the underwriters a 30-day option to purchase additional shares of Preferred Shares on the same terms and conditions to cover overallotments, if any. The Preferred Shares are expected to be listed on the New York Stock Exchange and to trade thereon within 30 days of the original issue date under the symbol "CCID." Lucid Capital Markets is acting as lead book-running manager for the offering, B. Riley Securities, Inc. and Piper Sandler & Co. are acting as joint book-running managers for the offering, A.G.P. / Alliance Global Partners is acting as lead manager for the offering and Clear Street and InspereX are acting as co-managers for the offering.

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