Tender Offer - Crescent Private Credit Income Corp
Form Type: SC TO-I
Filing Date: 2025-05-23
Corporate Action: Tender-offer
Type: New
Accession Number: 000119312525125843
Filing Summary: Crescent Private Credit Income Corp. has filed a Tender Offer Statement for its Class S, Class D, and Class I Shares of Common Stock. The offer to purchase up to 5.0% of the outstanding shares is set to begin on May 23, 2025, and will expire on June 24, 2025, unless extended. The purchase price for tendered shares will be based on their net asset value as of May 31, 2025, or a later date if the offer is extended. As of April 30, 2025, there were 9,428,815 Class I Shares, no Class D Shares, and 1,786 Class S Shares outstanding. Stockholders will receive cash equivalent to the value of their accepted shares. The tender offer indicates no trading market for the shares, and it includes provisions regarding acceptance notices sent to participants. The offer is subject to various terms and conditions, which are detailed in the accompanying Offer to Purchase document.
Additional details:
Class Of Securities: Class I Shares
Class Of Securities: Class D Shares
Class Of Securities: Class S Shares
Cik Number: CPC7031CZ
Cik Number: CPC7032CZ
Cik Number: CPC7033CZ
Number Of Shares Offered: 471531
Offer Amount Percentage: 5.0
Expiration Date: 2025-06-24
Valuation Date: 2025-05-31
Form Type: SC TO-I
Filing Date: 2025-02-25
Corporate Action: Tender-offer
Type: New
Accession Number: 000119312525035205
Filing Summary: Crescent Private Credit Income Corp. has filed a Tender Offer Statement regarding its intention to repurchase its own shares, specifically Class I, Class D, and Class S Shares of common stock. As of January 31, 2025, the company has a total of 6,991,873 Class I Shares outstanding, with no Class D or Class S Shares. The company intends to purchase up to 349,594 shares, which represent approximately 5.0% of its outstanding shares, accepted from stockholders by March 25, 2025. The purchase price will be determined based on the net asset value as of February 28, 2025, or another date if the offer is extended. The company has made it clear that the shares are not traded on any market, and the offer is subject to conditions set forth in the Offer to Purchase. Stockholders must carefully follow instructions for tendering their shares, and certain stockholders are restricted from tendering their shares until specific conditions are met. The company's adviser, Crescent Cap NT Advisors, LLC, indicates that future tender offers may occur quarterly, but the company is not obligated to conduct them.
Additional details:
Class Of Securities: Class S Shares, Class D Shares, Class I Shares
Cumulative Shares Outstanding: {"class_I":6991873,"class_D":0,"class_S":0}
Tender Offer Expiration: 2025-03-25
Tender Offer Percentage: 5.0%
Form Type: SC TO-I/A
Filing Date: 2024-12-27
Corporate Action: Tender-offer
Type: Update
Accession Number: 000119312524285911
Filing Summary: Crescent Private Credit Income Corp. filed a Final Amendment to the Issuer Tender Offer Statement on Schedule TO, originally filed on November 22, 2024. This filing pertains to the company's offer to purchase up to 313,517 shares of its outstanding Class I, Class D, and Class S common stock at a price equal to the net asset value per share as of November 30, 2024. The tender offer expired on December 23, 2024, with a total of zero shares validly tendered and not withdrawn. Consequently, the company will not be purchasing any shares pursuant to the offer. This amendment serves to report the results of the tender offer and does not alter any previously reported information from the original filing.
Additional details:
Issuer Name: Crescent Private Credit Income Corp.
Offer Expiration Date: 2024-12-23
Total Validly Tendered Shares: 0
Tender Offer Price: net asset value per share as of November 30, 2024
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