Tender Offer - AB Private Credit Investors Corp
Form Type: SC TO-I
Filing Date: 2025-05-23
Corporate Action: Tender-offer
Type: New
Accession Number: 000119312525125764
Filing Summary: AB Private Credit Investors Corporation is initiating a tender offer for cash to purchase up to 1,663,967.65 shares of its common stock, representing approximately 2.5% of the weighted average number of shares outstanding during the previous three-month period. The offer price per share will equal the net asset value per share as of June 30, 2025. As of May 23, 2025, there are a total of 68,526,053 shares issued and outstanding. The offer is designed to provide shareholders an opportunity to sell some of their shares and is part of the company’s strategy as a closed-end management investment company regulated under the Investment Company Act of 1940. This tender offer is filed in accordance with Rule 13e-4 under the Securities Exchange Act of 1934.
Additional details:
Number Of Shares Offered: 1663967.65
Percentage Of Outstanding Shares: 2.5
Net Asset Value Per Share: $9.5382
Date Of Offer Price: 2025-06-30
Form Type: SC TO-I/A
Filing Date: 2025-05-09
Corporate Action: Tender-offer
Type: Update
Accession Number: 000119312525116442
Filing Summary: This is Amendment No. 1 to the Issuer Tender Offer Statement filed by AB Private Credit Investors Corporation (the 'Fund') on May 9, 2025. The purpose of this filing is to report the results of an offer initially made on February 28, 2025, allowing the Fund to purchase up to 1,594,397.375 shares of its common stock at a net asset value of approximately $9.54 per share as of March 31, 2025. The tender offer expired at 5:00 p.m. on March 31, 2025, with a total of 767,533.732 shares being validly tendered and accepted for purchase. Payment was made via promissory notes to stockholders of the accepted shares, totaling $7,320,890.25 paid out on May 7, 2025. The document serves as a final amendment confirming these results and providing necessary regulatory disclosures.
Additional details:
Issuer Name: AB Private Credit Investors Corporation
Share Class: Common Stock
Tender Offer Price: 9.54
Shares Tendered: 767,533.732
Payment Total: 7320890.25
Form Type: SC TO-I
Filing Date: 2025-02-28
Corporate Action: Tender-offer
Type: New
Accession Number: 000119312525042832
Filing Summary: AB Private Credit Investors Corporation has initiated a tender offer to purchase for cash up to 1,594,397.375 shares of its common stock, which represents approximately 2.5% of the weighted average number of shares outstanding during the three months ended December 31, 2024. The offer price will equal the net asset value per share as of March 31, 2025. The company has reported a total of 67,396,122.892 shares issued and outstanding as of February 28, 2025. This action is part of their adherence to the reporting requirements of Rule 13e-4(c)(2) under the 1934 Securities Exchange Act, and details of the offer and its related impacts are incorporated within the Offer to Purchase and the accompanying Notice of Intent to Tender.
Additional details:
Shares To Be Purchased: 1594397.375
Percentage Of Outstanding Shares: 2.5
Total Shares Outstanding: 67396122.892
Net Asset Value Per Share: 9.5295
Form Type: SC TO-I/A
Filing Date: 2025-02-12
Corporate Action: Tender-offer
Type: Update
Accession Number: 000119312525024849
Filing Summary: This document is Amendment No. 1 to the Issuer Tender Offer Statement on Schedule TO originally filed by AB Private Credit Investors Corporation on November 29, 2024. The tender offer allows the Fund to purchase up to 1,515,531.175 shares of its common stock at the net asset value per share, which was calculated as $9.53 as of December 31, 2024. The offer expired on December 31, 2024, and 822,521.923 shares were validly tendered and accepted for purchase. Payments were made in the form of promissory notes to stockholders whose shares were accepted, with a total payment of $7,838,222.68 made on February 11, 2025. This amendment reports the results of the tender offer, confirming completion of the offer and payment to tendering stockholders.
Additional details:
Total Shares Tendered: 822,521.923
Net Asset Value: 9.53
Total Payment Amount: 7,838,222.68
Payment Date: 2025-02-11
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