Tender Offer - AIP Alternative Lending Fund P
Form Type: SC TO-I
Filing Date: 2025-04-01
Corporate Action: Tender-offer
Type: New
Accession Number: 000119312525070058
Filing Summary: AIP Alternative Lending Fund P is initiating a tender offer to purchase its shares from shareholders. The offer will commence on April 1, 2025, with a transaction valuation of $96,741,761. Shareholders must notify the fund of their intention to tender their shares by May 1, 2025. The initial expiration date for this tender offer is June 20, 2025. The tendered shares will be valued at their net asset value (NAV) as of the Valuation Date, and payment will be made within 30 days after this date. The offer allows shareholders to withdraw their tender requests before the initial expiration date. A non-interest bearing promissory note will be issued to shareholders whose shares are purchased, reflecting the NAV of the tendered shares. The tender is made in parallel with a corresponding offer by the Master Fund, which has set a limit of purchasing up to 5% of its net assets. Shareholders are encouraged to consider the Fund's right to repurchase shares compulsorily if certain conditions regarding the value of the shareholder's shares are met.
Additional details:
Title Of Class Of Securities: shares of beneficial interest
Cik Number: d716725
Transaction Valuation: $96,741,761
Initial Notice Date: 2025-05-01
Initial Expiration Date: 2025-06-20
Valuation Date: 2025-06-30
Fiscal Year End Date: 2025-09-30
Address Of Filing Person: 100 Front Street, Suite 400, West Conshohocken, Pennsylvania 19428-2881
Telephone Number Of Filing Person: (610) 260-7600
Form Type: SC TO-I/A
Filing Date: 2025-04-01
Corporate Action: Tender-offer
Type: Update
Accession Number: 000119312525070055
Filing Summary: This document is the first amendment to the Issuer Tender Offer Statement on Schedule TO filed by AIP Alternative Lending Fund P. It reports on an offer to purchase shares of beneficial interest of the Fund, amounting to up to 5% of the net assets of the Fund from shareholders at their net asset value. Shareholders were required to submit their tenders by November 1, 2024, and could withdraw any tenders until December 23, 2024. Shareholders tendered an aggregate of $147,595,008 in Shares, which were accepted for repurchase by the Fund. The net asset value of the tendered Shares was calculated as of December 31, 2024, and the purchase price was paid via promissory notes on January 30, 2025, totaling $31,928,484, which represented over 21% of the net asset value of the total tendered Shares.
Additional details:
Transaction Valuation: 108369827
Amount Previously Paid: None
Consideration Payment Date: 2025-01-30
Tender Offer Expiration Date: 2024-12-23
Shares Tendered Total: 147595008
Form Type: SC TO-I
Filing Date: 2024-12-31
Corporate Action: Tender-offer
Type: New
Accession Number: 000119312524286968
Filing Summary: AIP Alternative Lending Fund P is initiating a tender offer to purchase shares of the Fund's beneficial interest from shareholders. The tender offer is subject to specific conditions and timelines, with a total valuation of $104,289,646. The offer commenced on December 31, 2024, and includes important dates regarding the offer process, initial notice, and expiration dates. Shareholders must submit their tender documents by specific deadlines indicated in the document, and can withdraw their tenders until the initial expiration date. Each share tendered will be valued based on the Fund's net asset value as of the designated Valuation Date. The Fund reserves the right to cancel, amend, or extend the offer under certain circumstances. Additionally, a promissory note will be provided to shareholders for payment, which reflects the value of their tendered shares determined as of the Valuation Date. The document outlines further details regarding participation in a parallel offer by the Master Fund and implications for both tendering and non-tendering shareholders.
Additional details:
Transaction Valuation: 104289646
Net Asset Value Per Share: 915.78
Initial Notice Date: 2025-01-30
Initial Expiration Date: 2025-03-21
Acceptance Date: 2025-03-21
Valuation Date: 2025-03-31
Fiscal Year End Date: 2025-09-30
Principal Executive Office: 100 Front Street, Suite 400, West Conshohocken, Pennsylvania 19428-2881
Form Type: SC TO-I/A
Filing Date: 2024-12-31
Corporate Action: Tender-offer
Type: Update
Accession Number: 000119312524286960
Filing Summary: This document is an Amendment No. 1 to the Tender Offer Statement filed by AIP Alternative Lending Fund P with the SEC on December 31, 2024. It provides information regarding the results of the issuer tender offer commenced on July 2, 2024, where the Fund offered to purchase up to 5% of its net assets from shareholders at their net asset value. Shareholders could tender their shares until midnight on August 1, 2024, with the option to withdraw their tenders until the expiration date of September 20, 2024. The total accepted tenders amounted to $137,417,429, which were repurchased in accordance with the terms of the offer. The payment to shareholders for the tendered shares, totaling $35,073,276, was made in the form of promissory notes issued on September 20, 2024, with payment occurring around October 30, 2024. This final amendment reports these results as required by Rule 13e-4(c)(4) of the Securities Exchange Act of 1934.
Additional details:
Transaction Valuation: $35,073,276
Amount Previously Paid: None
Notice Date: 2024-08-01
Expiration Date: 2024-09-20
Valuation Date: 2024-09-30
Total Payment To Shareholders: $35,073,276
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