Tender Offer - AB Private Lending Fund
Form Type: SC TO-I
Filing Date: 2025-03-27
Corporate Action: Tender-offer
Type: New
Accession Number: 000119312525065058
Filing Summary: AB Private Lending Fund has filed a Tender Offer Statement seeking to repurchase up to 229,761 Shares from its shareholders, which represents approximately 5% of the Fund's total outstanding Shares as of December 31, 2024. The Offer is open until April 29, 2025, unless extended, with a purchase price determined by the net asset value as of March 31, 2025, or a later date if the Offer is extended. Shareholders who tender their Shares will be accepted for purchase according to the conditions specified in the Offer to Purchase, with payment expected to be made by May 6, 2025. The fund operates as a closed-end management investment company and is regulated under the Investment Company Act of 1940. As of the close of business on December 31, 2024, there were 4,595,221 Class I Shares outstanding. The filing includes various sections outlining the terms of the transaction and the identity of the filing person, AB Private Credit Investors LLC, which serves as the investment manager for the fund.
Document Link: View Document
Additional details:
Cik: 00254B306
Subject Company Name: AB Private Lending Fund
Class Of Securities: Class I, Class D and Class S Shares
Cusip Numbers: ["00254B 306","00254B 207","00254B 108"]
Maximum Shares Repurchased: 229761
Price Per Share: net asset value as of March 31, 2025
Offer Expiration Date: 2025-04-29
Payment Date: 2025-05-06
Form Type: SC TO-I/A
Filing Date: 2025-02-06
Corporate Action: Tender-offer
Type: Update
Accession Number: 000119312525021670
Filing Summary: This document is an Amendment No. 1 to the Tender Offer Statement on Schedule TO filed by AB Private Lending Fund with the SEC. It pertains to the issuer tender offer for the purchase of up to 221,719 shares of its outstanding Class I, Class D, and Class S common shares at a purchase price equal to the net asset value per share as of December 31, 2024. The offer expired on January 30, 2025, at 11:59 p.m. Eastern Time. The final results indicate that no shares were tendered, hence no shares were accepted for purchase. The amendment reports the final results of the tender offer.
Document Link: View Document
Additional details:
Name Of Subject Company: AB Private Lending Fund
Name Of Filing Person: AB Private Lending Fund
Class Of Securities: Class I, Class D, Class S Shares of Beneficial Interest
Cusk Number: 00254B 306, 00254B 207 and 00254B 108
Response Due Date: 2025-01-30
Form Type: SC TO-I
Filing Date: 2024-12-27
Corporate Action: Tender-offer
Type: New
Accession Number: 000119312524285737
Filing Summary: AB Private Lending Fund is initiating an issuer tender offer for its Shares of Beneficial Interest, specifically Class I, Class D, and Class S Shares. The Fund plans to purchase up to 221,719 Shares that are properly tendered by Shareholders by January 30, 2025. The purchase price for the Shares will be determined based on their net asset value as of December 31, 2024. The Offer is not subject to any trading market, and currently, there are 4,434,393 Class I Shares outstanding with zero Class D and Class S Shares. Key details regarding the execution of the offer, including conditions, procedures, and payment timelines are outlined, emphasizing Shareholders' rights during the tender process. Furthermore, the Fund has discretion over future repurchases, and there are specific limitations on transactions involving affiliates. The document contains additional compliance and operational information regarding the structure and management of the Fund, alongside legal considerations about the tender process.
Document Link: View Document
Additional details:
Name Of Subject Company: AB Private Lending Fund
Title Of Class Of Securities: Class I, Class D and Class S Shares of Beneficial Interest
Cusip Numbers: 00254B 306, 00254B 207 and 00254B 108
Offer Expiration Date: 2025-01-30
Maximum Number Of Shares Tendered: 221,719
Net Asset Value Date: 2024-12-31
Expected Payment Date: 2025-02-06
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