Herzfeld Credit Income Fund, Inc. Announces Preliminary Tender Offer Results
Globe Newswire•19/10/2026•17:39 ET
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Key Highlights
- ➤1,445,539 HERZ shares tendered for offer capped at 100,886 shares
- ➤Purchase price set at $18.2033 per properly tendered share
- ➤Fund expects pro-rata allocation because tenders exceeded shares offered
- ➤Final tender offer results expected on or about October 20, 2026
MIAMI BEACH, Fla., Oct. 19, 2026 (GLOBE NEWSWIRE) -- Thomas J. Herzfeld Advisors, Inc., an SEC-registered investment adviser, and Herzfeld Credit Income Fund, Inc. (NASDAQ: HERZ) (the “Fund”) today announced the preliminary results of the Fund’s cash tender offer to purchase up to 5% of its outstanding common shares at 97.5% of the Fund’s most recently determined net asset value (“NAV”) per share as of October 15, 2026, the expiration date of the tender offer (the “Tender Offer”).
Tender Offer AmountShares Properly TenderedPurchase Price of Properly
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