Tender Offer - Keystone Private Income Fund

Form Type: SC TO-I

Filing Date: 2025-01-31

Corporate Action: Tender-offer

Type: New

Accession Number: 000121390025008691

Filing Summary: Keystone Private Income Fund is initiating a tender offer to purchase up to approximately 5% of its net assets, equating to approximately $72,528,143 or about 724,132 Shares, from its Shareholders at net asset value (NAV) as of February 28, 2025. The Fund is offering to repurchase several classes of Shares including Class A, Class D, Class Y, Class I, and Class Z Shares, each having defined NAVs as of November 29, 2024. Shareholders will have the opportunity to tender all or a portion of their Shares and must do so before the cut-off time of 11:59 p.m. Eastern Time on February 28, 2025. The Fund may charge an early repurchase fee for Shares held for less than one year, and it reserves the right to adjust the NAV used for the tender offer based on future valuations. The Fund will make initial payments generally within 30 days after the valuation date, and it may retain a portion of the payment subject to the completion of its annual audit. The tender offer is not contingent on a minimum number of Shares being tendered and Shareholders retain the right to withdraw their tenders at any time before the Notice Due Date. The primary objective for this tender offer is to provide liquidity to its Shareholders and allow them to manage their investment in the Fund effectively.

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