Carlyle Credit Income Fund Files 8-K
Ticker: CCID · Form: 8-K · Filed: Aug 28, 2024 · CIK: 1517767
| Field | Detail |
|---|---|
| Company | Carlyle Credit Income Fund (CCID) |
| Form Type | 8-K |
| Filed Date | Aug 28, 2024 |
| Risk Level | medium |
| Pages | 10 |
| Reading Time | 11 min |
| Key Dollar Amounts | $1,000.00, $930.00, $10.6 million, $71.25, $1,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, equity-securities, corporate-action
TL;DR
Carlyle Credit Income Fund filed an 8-K on Aug 26, 2024, detailing material agreements and equity sales.
AI Summary
Carlyle Credit Income Fund entered into a Material Definitive Agreement on August 26, 2024, related to preferred stock. The filing also disclosed unregistered sales of equity securities and amendments to its articles of incorporation or bylaws. The company is incorporated in Delaware and has a fiscal year end of September 30.
Why It Matters
This 8-K filing indicates significant corporate actions and potential changes in the capital structure for Carlyle Credit Income Fund.
Risk Assessment
Risk Level: medium — The filing involves material definitive agreements and unregistered sales of equity, which can introduce complexities and potential risks.
Key Players & Entities
- Carlyle Credit Income Fund (company) — Registrant
- August 26, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 0930 (date) — Fiscal year end
FAQ
What was the specific nature of the Material Definitive Agreement entered into by Carlyle Credit Income Fund?
The filing indicates a Material Definitive Agreement was entered into on August 26, 2024, related to preferred stock, but the specific terms are not detailed in the provided text.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on August 26, 2024.
In which state is Carlyle Credit Income Fund incorporated?
Carlyle Credit Income Fund is incorporated in Delaware.
What is the fiscal year end for Carlyle Credit Income Fund?
The fiscal year end for Carlyle Credit Income Fund is September 30 (0930).
What other types of events are disclosed in this 8-K filing besides the material agreement?
This 8-K filing also discloses unregistered sales of equity securities and amendments to articles of incorporation or bylaws, along with Regulation FD Disclosure and Other Events.
Filing Stats: 2,864 words · 11 min read · ~10 pages · Grade level 13.9 · Accepted 2024-08-27 20:32:37
Key Financial Figures
- $1,000.00 — res due 2029, liquidation preference of $1,000.00 (the "Convertible Preferred Shares"), a
- $930.00 — Preferred Shares"), at a price equal to $930.00 per Convertible Preferred Share, in a t
- $10.6 million — tible Preferred Shares of approximately $10.6 million. The Convertible Preferred Shares have
- $71.25 — .125% of the liquidation preference, or $71.25 per share, per year. The dividend rate
- $1,000 — eem the Convertible Preferred Shares at $1,000.00, plus any accumulated and unpaid div
- $7.9592 — l 1,444,865 Common Shares at a price of $7.9592 per Common Share. The offering closed A
- $11.5 million — sale of Common Shares of approximately $11.5 million. The Common Shares offering has been m
Filing Documents
- d873279d8k.htm (8-K) — 55KB
- d873279dex31.htm (EX-3.1) — 121KB
- d873279dex51.htm (EX-5.1) — 17KB
- d873279dex101.htm (EX-10.1) — 41KB
- d873279dex102.htm (EX-10.2) — 39KB
- d873279dex991.htm (EX-99.1) — 15KB
- g873279g07y89.jpg (GRAPHIC) — 15KB
- g873279g0827102323769.jpg (GRAPHIC) — 5KB
- 0001193125-24-207978.txt ( ) — 545KB
- ck0001517767-20240826.xsd (EX-101.SCH) — 5KB
- ck0001517767-20240826_cal.xml (EX-101.CAL) — 1KB
- ck0001517767-20240826_def.xml (EX-101.DEF) — 13KB
- ck0001517767-20240826_lab.xml (EX-101.LAB) — 22KB
- ck0001517767-20240826_pre.xml (EX-101.PRE) — 14KB
- d873279d8k_htm.xml (XML) — 5KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits 3.1 Second Supplement to the Amended and Restated Declaration of Trust of Carlyle Credit Income Fund Relating to 7.125% Series B Convertible Preferred Shares Due 2029 5.1 Opinion of Richards, Layton & Finger, P.A. 10.1 Convertible Preferred Shares Purchase Agreement, dated August 26, 2024, between the Fund, the Purchasers, and the Adviser 10.2 Common Shares Purchase Agreement, dated August 26, 2024, between the Fund, the Purchasers, and the Adviser 23.1 Consent of Richards, Layton & Finger, P.A. (included in Exhibit 5.1) 99.1 Press Release, dated August 27, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CARLYLE CREDIT INCOME FUND Date: August 27, 2024 By: /s/ Nelson Joseph Name: Nelson Joseph Title: Principal Financial Officer