Carlyle Credit Income Fund: Preferred Shares Offering
Update: 2025-10-23
Description
Carlyle Credit Income Fund's stock dipped after announcing a $29.4 million public offering of new preferred shares, rated BBB+ and yielding 7.375%. Priced at $25 each, trading under CCID is expected on the NYSE within 30 days. Underwriters have an option to purchase additional shares amid investor concerns about potential value dilution. Lucid Capital Markets leads the deal, closing October 30th, 2025, signaling possible strategic shifts for the fund.
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