newsfilter
← Latest News
GlobeNewswire·

Carlyle Credit Income Fund Prices Offering of Preferred Shares

  • Carlyle Credit Income Fund priced an underwritten public offering of 1.2 million shares of its 7.375% Series D Preferred Shares due 2028 at $25 per share.
  • The offering is expected to generate net proceeds of approximately $29.4 million after underwriting discounts, commissions, and estimated offering expenses.
  • The Preferred Shares are rated 'BBB+' by Egan-Jones Ratings Company.
  • The offering is scheduled to close on October 30, 2025, subject to customary closing conditions.
  • Underwriters have a 30-day option to purchase up to an additional 180,000 shares.
  • The shares are expected to be listed on the NYSE under the symbol "CCID" within 30 days of the issue date.
  • Lucid Capital Markets LLC serves as the lead book-running manager, with B. Riley Securities Inc. and Piper Sandler & Co. as joint book-running managers.
  • A.G.P. / Alliance Global Partners acts as lead manager, while Clear Street LLC and InspereX LLC act as co-managers.
  • The Fund is an externally managed closed-end fund focused on investing in equity and junior debt tranches of collateralized loan obligations.
  • Preliminary prospectus supplements & accompanying prospectus documents are available via the SEC's EDGAR database or by contacting Lucid Capital Markets LLC.