Tender Offer - AB CarVal Credit Opportunities Fund

Form Type: N-23C3A

Filing Date: 2025-04-04

Corporate Action: Tender-offer

Type: New

Accession Number: 000119312525073292

Filing Summary: AB CarVal Credit Opportunities Fund has announced a quarterly repurchase offer aimed at providing liquidity for shareholders since the shares of this closed-end interval fund are not redeemable for cash or traded on a stock exchange. The repurchase offer allows the Fund to buy back up to 5% of its total shares during the offer period. In cases where total repurchase requests exceed this limit, the Fund may increase the repurchase amount by an additional 2%, but shares will be redeemed on a pro rata basis if oversubscribed. The repurchase period starts on April 4, 2025, and ends on May 5, 2025. Shareholders are informed of the net asset values (NAV) per share for various classes on March 31, 2025, which are approximately $9.90 to $9.91. They must submit repurchase requests through their financial intermediary or directly to the Fund by the close of business on May 5, 2025. Furthermore, there are contingent deferred sales charges for certain classes based on the duration of share ownership, with a reminder that any tender of shares is considered a taxable event. The Fund reserves the right to reject or accept tenders at their discretion, and should they suspend the offer, it would require Board approval for specific circumstances.

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