Crescent Private Credit Income Corp 8-K

What Happened Crescent Private Credit Income Corp announced regular distributions for April 2026 for its three share classes and reported net asset value (NAV) and portfolio/leverage figures as of March 31, 2026. Gross distributions of $0.16500 per share were declared for Class I, Class S, and Class D common shares; net distributions differ for Class S and D after shareholder servicing/distribution fees. Record date is April 30, 2026 (open of business) and payment is on or about May 27, 2026. Shareholders may receive cash or participate in the fund’s distribution reinvestment plan.

Key Details

• Distribution per share (gross / shareholder fee / net):
  • Class I: $0.16500 gross; $0.16500 net (no servicing fee).
  • Class S: $0.16500 gross; $0.01861 fee; $0.14639 net.
  • Class D: $0.16500 gross; $0.00547 fee; $0.15953 net.
• NAV and balance sheet (as of March 31, 2026):
  • NAV per share: $26.27 for Class I, S, and D.
  • Aggregate NAV: ~$503.5 million; portfolio fair value: ~$877.1 million.
  • Principal debt outstanding: ~$464.5 million — debt-to-equity ≈ 0.92x.
• Offering status and capital raised:
  • Ongoing registered offering up to $2.5 billion of common shares.
  • Common shares issued (total): 19,164,760 for $543.2 million of consideration.
    • Registered Offering: Class I 12,613,940 ($375.0M); Class S 6,858 ($0.2M); Class D 929 ($0.0M).
    • Private Placements: Class I 6,543,033 ($168.0M).
  • No underwriting commissions charged by the fund; selling agents may charge transaction fees up to 3.5% NAV (Class S) or 1.5% NAV (Class D); no such fees on Class I.

Why It Matters

• Income: The declared distributions provide scheduled cash (or reinvestment) returns to shareholders in late May 2026; Class I holders receive the full gross amount while Class S and D holders receive slightly less after servicing fees.
• Financial health & risk: NAV, portfolio fair value, and a debt-to-equity ratio near 0.92x give investors a snapshot of the fund’s leverage and size — useful for assessing risk and yield potential.
• Capital strategy: The fund continues to raise capital via a large ongoing registered offering (and prior private placements), which supports lending/investment activity but can affect supply of shares and investor dilution depending on issuance.