Withdrawal requests at Barings Private Credit Corporation reached 10.68% of outstanding shares in Q3, with just 46.84% of validly tendered shares accepted on a pro-rata basis.
The commencement date adjustment follows Blue Owl's request for a new notice, citing a material difference between the originally proposed and announced purchase amounts.
The Canadian bank now holds 10.5% of Blue Owl Credit Income Corp. as shareholders sought to withdraw 16.8% of outstanding shares in Q3.
KKR FS Income Trust Select will satisfy liquidity demand in full after investors sought to withdraw 5.06% of outstanding shares in Q3.
Quarterly repurchase requests at GS Credit have historically remained below the fund's 5% offer cap.
Investor repurchase requests eased with net new withdrawal demand falling by approximately 60% QoQ.
Investors in North Haven Private Income Fund sought to redeem 11.4% of outstanding shares in Q3.
Shareholders in the $3 billion Barings Private Credit Corporation will receive ~46.01% of their validly tendered shares on a pro-rata basis, after withdrawal requests reached 10.87% of NAV in Q2.
In Q1, the $2.9 billion non-traded BDC capped redemptions at 5% after shareholders sought to withdraw 11.3% of outstanding shares.
Barings Private Credit Corporation has capped Q1 withdrawals at 5%, after repurchase requests surged to 11.3% of shares outstanding.
