10/28/2025 | Press release | Distributed by Public on 10/28/2025 14:06
Item 8.01 Other Events
October 2025 Distributions
On October 28, 2025, Crescent Private Credit Income Corp. (the "Fund") declared regular and special distributions for its Class I common shares of common stock, par value $0.01 per share ("Class I Common Shares"), and Class S common shares of common stock, par value $0.01 per share ("Class S Common Shares"), in the amounts per share set forth below:
|
Gross Distribution |
Special Distribution |
Shareholder Servicing and/or Distribution Fee |
Net Distribution |
|||||||||||||
|
Class I Common Shares |
$ |
0.16000 |
$ |
0.06000 |
$ |
- |
$ |
0.22000 |
||||||||
|
Class S Common Shares |
0.16000 |
0.06000 |
0.01914 |
0.20086 |
||||||||||||
The distributions for Class I Common Shares and Class S Common Shares are payable to shareholders of record as of the open of business on October 31, 2025 and will be paid on or about November 28, 2025. The October 2025 distributions will be paid in cash or reinvested in the Class I Common Shares or Class S Common Shares, as applicable, for shareholders participating in the Fund's distribution reinvestment plan. The net distribution received by shareholders of the Class S Common Shares will be equal to the gross distribution in the table above, less the shareholder servicing and/or distribution fees applicable to the Class S Common Shares as of the record date. Class I Common Shares have no shareholder servicing and/or distribution fees.
Net Asset Value
The net asset value ("NAV") per share of each outstanding class of the Fund as of September 30, 2025, as determined in accordance with the Fund's valuation policy, is set forth below:
|
NAV per share as of September 30, 2025 |
||||
|
Class I Common Shares |
$ |
27.02 |
||
|
Class S Common Shares |
27.02 |
|||
As of September 30, 2025, the Fund's aggregate NAV was approximately $377.9 million, the fair value of its portfolio investments was approximately $614.1 million and it had principal debt outstanding of $260.3 million, resulting in a debt to equity ratio of approximately 0.69x.
Status of Offering
The Fund is currently publicly offering on a continuous basis of up to $2.5billion in shares of the Fund's common stock, par value $0.01 per share (the "Common Shares"), including shares of the Fund's Class I Common Shares, Class S Common Shares, and Class D common shares of common stock, par value $0.01 per share (the "Class D Common Shares"), pursuant to a registered offering (the "Registered Offering").
Additionally, the Fund has sold unregistered shares as part of private offerings (the "Private Placements") that were exempt from the registration provisions of the Securities Act of 1933, as amended, pursuant to Section 4(a)(2) thereof and/or Rule 506(b) or Regulation S promulgated thereunder.
The following table lists the Common Shares issued and total consideration for both the Registered Offering and the Private Placements as of the date of this filing. The table below does not include Common Shares issued through the Fund's distribution reinvestment plan. The Fund intends to continue selling Common Shares in the Registered Offering on a monthly basis.
|
(dollar amounts in millions) |
Common Shares issued |
Total consideration (1) |
|||||||
|
Registered Offering: |
|||||||||
|
Class I |
7,612,153 |
$ |
205.83 |
||||||
|
Class S |
2,234 |
0.06 |
|||||||
|
Class D |
- |
- |
|||||||
|
Private Placements: |
|||||||||
|
Class I |
6,543,033 |
$ |
168.02 |
||||||
|
Class S |
- |
- |
|||||||
|
Class D |
- |
- |
|||||||
|
Total: |
14,157,420 |
$ |
373.91 |
||||||
(1) The Fund does not charge any underwriting discounts or commissions in connection with the sale of such Common Shares. Although the Fund does not charge investors an upfront sales load with respect to its Common Shares, if Common Shares are purchased through certain selling agents, such selling agents may directly charge shareholders transaction or other fees, including upfront placement fees or brokerage commissions, in such amount as they may determine, provided that selling agents limit such charges to a 3.5% cap on NAV for Class S Common Shares and a 1.5% cap on NAV for Class D Common Shares. No transaction or other fees, including upfront placement fees or brokerage commissions are charged on Class I Common Shares.