Tender Offers for PIMCO Flexible Credit Income Fund

Form Type: N-23C3A

Filing Date: 2025-01-06

Corporate Action: Tender-offer

Type: New

Accession Number: 000119312525002003

Comments: PIMCO Flexible Credit Income Fund is notifying shareholders about its quarterly repurchase offer which commenced on January 6, 2025, under Rule 23c-3. This offer allows shareholders to tender their shares for repurchase, providing liquidity since the shares are not redeemable daily and are not traded on an exchange. The repurchase offer will remain active until the Repurchase Request Deadline, which is set for February 7, 2025. Each Fund is expected to repurchase up to 5% of outstanding shares for PFLEX and EMFLX, and 10% for CAFLX and PMFLX, based on the net asset value (NAV) on the pricing date. A repurchase request must be submitted before the deadline to be eligible for the offer, while shares accepted for repurchase will not incur a repurchase fee. However, an early withdrawal charge may apply to certain classes of shares if repurchased within 12 months of purchase. The NAV of the shares was specified in the document, with PFLEX shares valued at $7.09 as of January 2, 2025. Detailed instructions for tendering shares and potential tax implications from the repurchase are included.

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