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Carlyle Credit Income Fund Announces Offering of Preferred Shares
Globenewswireยท 2025-10-23 12:26
Core Viewpoint - Carlyle Credit Income Fund has initiated an underwritten public offering of its Series D Preferred Shares, with pricing and terms to be determined through negotiations with underwriters [1] Group 1: Offering Details - The Preferred Shares are expected to be listed on the New York Stock Exchange under the symbol "CCID" within 30 days of the original issue date [2] - Lucid Capital Markets, LLC is the lead book-running manager, with B. Riley Securities, Inc. and Piper Sandler & Co. as joint book-running managers, and A.G.P. / Alliance Global Partners as the lead manager [2] Group 2: Fund Information - Carlyle Credit Income Fund is an externally managed closed-end fund that primarily invests in equity and junior debt tranches of collateralized loan obligations (CLOs), which are backed by U.S. senior secured loans across various industry sectors [6] - The Fund is advised by Carlyle Global Credit Investment Management L.L.C., leveraging Carlyle's extensive resources as one of the largest CLO managers globally [6]