Tender Offer - Antares Private Credit Fund
Form Type: SC TO-I
Filing Date: 2025-05-14
Corporate Action: Tender-offer
Type: New
Accession Number: 000110465925048331
Filing Summary: Antares Private Credit Fund is conducting a tender offer to purchase up to 1,271,843 shares of its Class S, Class D, and Class I common shares at their net asset value as of June 30, 2025. The offer represents approximately 5% of the Fund's outstanding shares as of March 31, 2025. The tender offer is set to expire on June 12, 2025, unless extended. The Fund's investment manager, Antares Capital Credit Advisers LLC, has indicated that they will recommend quarterly purchases of shares based on written tenders. Shareholders will receive a promissory note reflecting the value of accepted shares, which will be held by U.S. Bancorp Fund Services LLC. The offer is classified as an issuer tender offer under Rule 13e-4 of the SEC regulations.
Additional details:
Shareholder Number: 25,436,857
Tender Offer Amount: 1,271,843
Purchase Price Tendered: net asset value
Valuation Date: 2025-06-30
Expiration Date: 2025-06-12
Total Shares Outstanding: 25,436,857
Percentage Of Tender Offer: 5%
Form Type: SC TO-I/A
Filing Date: 2025-04-09
Corporate Action: Tender-offer
Type: Update
Accession Number: 000110465925033339
Filing Summary: This document is the Final Amendment to the Issuer Tender Offer Statement on Schedule TO originally filed by Antares Private Credit Fund on February 14, 2025. The Offer was made to purchase up to 1,270,284 outstanding shares of beneficial interest across Class I, Class D, and Class S common shares. The purchase price was to be equal to the net asset value per share as of March 31, 2025, which served as the Valuation Date. The Offer expired at 11:59 p.m. on March 14, 2025, and it was reported that no shares were validly tendered prior to the expiration. Consequently, no payments were made to shareholders. This Amendment is a final report and does not alter previous information in the Statement.
Additional details:
Tender Offer Expiration Date: 2025-03-14
Number Of Shares Offered: 1270284
Tender Offer Class: Class S, Class D, Class I
Net Asset Value Date: 2025-03-31
Form Type: SC TO-I
Filing Date: 2025-02-14
Corporate Action: Tender-offer
Type: New
Accession Number: 000110465925013673
Filing Summary: Antares Private Credit Fund is initiating a tender offer to purchase up to 1,270,284 shares of its Class S, Class D, and Class I common shares, representing about 5% of the outstanding shares as of December 31, 2024. The tender offer will expire on March 14, 2025, and the purchase price will be based on 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 notified through an Acceptance Letter, and a non-interest bearing promissory note will be issued to them for the value of the shares accepted for purchase. The Fund, structured as a Delaware statutory trust and regulated under the Investment Company Act of 1940, is managed by Antares Capital Credit Advisers LLC. The document also outlines various details such as the identity of the fund's executives and trustees, the lack of a trading market for the shares, and the fund's strategy regarding the frequency of tender offers.
Additional details:
Title Of Class Of Securities: Class S, Class D and Class I Shares of Beneficial Interest
Cusip Numbers: 0366431049, 0366432039, 0366433029
Total Shares Outstanding: 25,405,673.85
Maximum Shares Tendered: 1,270,284
Percentage Of Total: 5%
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