Tender Offer - Antares Strategic Credit Fund

Add to your watchlist
Back to List of Tender Offers

Form Type: SC TO-I

Filing Date: 2025-05-16

Corporate Action: Tender-offer

Type: New

Accession Number: 000110465925049906

Filing Summary: Antares Strategic Credit Fund filed a Tender Offer Statement to purchase up to 3,661,728 Shares of its own common shares of beneficial interest. This represents approximately 7.5% of the 48,823,039 Shares outstanding as of December 31, 2024. The Tender Offer is scheduled to expire on June 13, 2025, unless extended. The purchase price for Shares tendered will be based on their net asset value as of June 30, 2025. The Fund's intention is to provide liquidity to its shareholders as the Shares are not traded on any market. Shareholders are encouraged to review the Offer terms, including the Acceptance Letter and the non-interest bearing promissory note they will receive if their Shares are accepted for purchase. This offering aligns with the Fund's strategy of semi-annual Share purchases as subject to Board discretion.

Additional details:

Title Of Class: Common Shares of Beneficial Interest


Cusip Number: 03666N108


Number Of Shares Outstanding: 48823039


Offer Amount: 3661728


Percentage Of Shares Outstanding: 7.5%


Purchase Price Terms: net asset value as of June 30, 2025


Offer Expiration: June 13, 2025


Comments

No comments yet. Be the first to comment!