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Carlyle Credit Income Fund A of Beneficial Interest ( (CCIF) ) has issued an announcement.
On October 30, 2025, Carlyle Credit Income Fund entered into a purchase agreement for the issuance and sale of approximately 17,500 shares of its 7.25% Series E Convertible Preferred Shares, with a liquidation preference of $1,000 per share. The fund expects to receive net proceeds of approximately $16.275 million, which will be used to redeem its Series A Preferred Shares and for general working capital. The Convertible Preferred Shares, due 2030, offer a quarterly dividend and are senior to the fund’s common shares in terms of dividend payment and asset distribution. This strategic move is expected to enhance the fund’s financial flexibility and strengthen its capital structure, benefiting stakeholders by potentially improving asset coverage and dividend stability.
The most recent analyst rating on (CCIF) stock is a Hold with a $8.00 price target. To see the full list of analyst forecasts on Carlyle Credit Income Fund A of Beneficial Interest stock, see the CCIF Stock Forecast page.
More about Carlyle Credit Income Fund A of Beneficial Interest
Carlyle Credit Income Fund (NYSE: CCIF) is an externally managed closed-end fund that focuses on investing in primarily equity and junior debt tranches of collateralized loan obligations (CLOs). These CLOs are backed by a portfolio mainly consisting of U.S. senior secured loans across various industry sectors. The fund is managed by Carlyle Global Credit Investment Management L.L.C., a subsidiary of Carlyle, one of the largest CLO managers globally.
Average Trading Volume: 168,483
For detailed information about CCIF stock, go to TipRanks’ Stock Analysis page.