Latest news with #CCIF
South Wales Argus
29-05-2025
- Business
- South Wales Argus
Charities invited to apply for share of £100,000 funding
CrossCountry has opened applications for its annual Customer and Communities Improvement Fund (CCIF), which supports initiatives that reduce pollution, protect the environment, support sustainable community growth, and create a positive impact on wider society. The summer application period closes on Friday, June 6. Candice Dos Santos Hodgson, project manager at CrossCountry, said: "We're excited to launch the next Customer and Communities Improvement Fund and can't wait to see what applications come in from communities across the country. "We'd be delighted to hear from projects and groups looking to improve the communities served by the CrossCountry network, especially with an emphasis on social value and sustainability." Since April 1, 2022, the CCIF has supported 30 initiatives across the country, with a total value of more than £550,000. This includes a £17,000 donation to Social Bite's Job First programme in Edinburgh and a £40,000 donation to the Cornwall Community Foundation. Marzena Farana-Sherlock, director of social impact at Social Bite, said: "The generous funding from CrossCountry will allow us to continue supporting individuals affected by homelessness into jobs, which can be truly life-changing." For the first time this year, additional funding will be delivered by CrossCountry through its Biodiversity Improvements Projects (BIP) fund. This will support projects on and around the rail network that enhance biodiversity, improve access to nature, and help the railway adapt to the changing climate. To find out more and to apply to the fund, visit the CrossCountry website.
Business News Wales
28-05-2025
- Business
- Business News Wales
Welsh Charities Urged to Apply for Funding from Leading Train Operator
Long-distance train operator CrossCountry has announced that its Customer and Communities Improvement Fund (CCIF), to support community initiatives across the CrossCountry network, is now open for applications. The refreshed grant scheme will open at intervals throughout the year – with the summer application period closing on Friday 6 June. A total of £100,000 has been made available throughout the year for community projects that deliver tangible social and environmental benefits across the UK, including South Wales. Candice Dos Santos Hodgson, Project Manager at CrossCountry, said: 'We're excited to launch the next Customer and Communities Improvement Fund and can't wait to see what applications come in from communities across the country. 'We'd be delighted to hear from projects and groups looking to improve the communities served by the CrossCountry network, especially with an emphasis on social value and sustainability – if this sounds like you, please visit our website to apply.' Since 1 April 2022, the Customer and Communities Improvement Fund has supported 30 different initiatives across the country, to a total value of over £550,000. This has included £17,000 donation to social enterprise Social Bite's Job First programme in Edinburgh, as well as a £40,000 donation to Cornwall Community Foundation. Tamara Sherston-Baker, Development Director at the Cornwall Community Foundation, said: 'It's been fantastic to work with CrossCountry to help even more projects and initiatives with their critical community work across Cornwall. 'We always value support from businesses and organisations working in Cornwall and we look forward to working closely with CrossCountry again in the future.' Marzena Farana-Sherlock, Director of Social Impact at Social Bite, said: 'The generous funding from CrossCountry will allow us to continue supporting individuals affected by homelessness into jobs, which can be truly life-changing. By working closely with employers and partners, we aim to create a long-term, systemic shift in how people with a background of homelessness access and sustain employment.' Applications to the fund can be made through an easy-to-complete online form. To find out more and to apply to the Fund, visit For the first time this year, additional funding will be delivered by CrossCountry through its Biodiversity Improvements Projects (BIP) fund, which will support projects on and around the rail network that enhance biodiversity, improve access to nature and help the railway adapt to the changing climate. Applications to the BIP fund for this year can be made at
Yahoo
20-05-2025
- Business
- Yahoo
Carlyle Credit Income Fund Announces Second Quarter Financial Results and Declares Monthly Common and Preferred Dividends
NEW YORK, May 20, 2025 (GLOBE NEWSWIRE) -- Carlyle Credit Income Fund ('we,' 'us,' 'our,' 'CCIF' or the 'Fund') (NYSE: CCIF) today announced its financial results for its second quarter ending March 31, 2025. The full detailed presentation of the Fund's second quarter 2025 financial results can be viewed on the Fund's website ( Nishil Mehta, CCIF's Principal Executive Officer and President said, 'Our second quarter results reflect the resilient nature of the loan and CLO market amidst a shifting macroeconomic environment. We believe the fund's portfolio is well positioned to withstand the current market volatility as we continue to focus on optimizing our CLO positions including completing 13 accretive refinancings and resets in the quarter. We have maintained a stable monthly dividend, continue to scale the fund via capital markets activity, and will seek to actively manage the portfolio throughout the rest of the year.' Over the past quarter, the Fund has successfully: Maintained the monthly dividend of 10.5 cents through August 2025, equating to a 18.75% annualized dividend based on share price as of May 16, 2025, or 19.66% based on the Fund's NAV as of April 30, 2025. Funded $30.3 million in new CLO investments with a weighted average GAAP yield of 15.41%. The aggregate portfolio weighted average GAAP yield was 16.48% as of March 31, 2025. Completed a private placement of 5-year, 7.50% convertible preferred shares due 2030 for net proceeds of $18.6 million. Sold 1,610,000 common shares in connection with the ATM offering program at a premium to NAV for net proceeds of $12.2 million. Net investment income was $0.23 per common share, adjusted net investment income was $0.26 per common share, and core net investment income was $0.27 per common share for the second quarter of 2025. Adjusted Net Investment Income Per Common Share and Core Net Investment Income Per Common Share are Non-GAAP financial measures described in further detail below. Net asset value per common share was $6.98 as of March 31, 2025. The total fair value of investments was $197.9 million as of March 31, 2025. Dividends CCIF is maintaining a monthly dividend on shares of the Fund's common stock of $0.1050 per share for June, July, and August 2025. Security Amount per Share Record Dates Payable Dates Common Stock $0.1050 June 17, 2025 June 30, 2025 July 21, 2025 July 31, 2025 August 19, 2025 August 29, 2025CCIF is also pleased to announce the declaration of dividends on shares of the Fund's 8.75% Series A Term Preferred Shares of $0.1823 per share for June, July, and August 2025. Security Amount per Share Record Dates Payable Dates Series A Preferred Shares $0.1823 June 17, 2025 June 30, 2025 July 21, 2025 July 31, 2025 August 19, 2025 August 29, 2025Conference Call The Fund will host a conference call at 10:00 a.m. EDT on Wednesday, May 21, 2025, to discuss its second quarter financial results. Please register for the conference call here. The conference call information will also be available via a link on Carlyle Credit Income Fund's website and the recording will be available on our website soon after the call's completion. Non-GAAP Financial Measures On a supplemental basis, we are disclosing Adjusted Net Investment Income Per Common Share and Core Net Investment Income Per Common Share, which are calculated and presented on a basis other than in accordance with GAAP ('non-GAAP'). We use these non-GAAP financial measures internally to analyze and evaluate financial results and performance, and we believe these non-GAAP financial measures are useful to investors gauging the quality of the Fund's financial performance, identifying trends in its results and providing meaningful period-to-period comparisons. The presentation of this non-GAAP measure is not intended to be a substitute for financial results prepared in accordance with GAAP and should not be considered in isolation. About Carlyle Credit Income Fund Carlyle Credit Income Fund (NYSE: CCIF) is an externally managed closed-end fund focused on investing in primarily equity and junior debt tranches of collateralized loan obligations ('CLOs'). The CLOs are collateralized by a portfolio consisting primarily of U.S. senior secured loans with a large number of distinct underlying borrowers across various industry sectors. CCIF is externally managed by Carlyle Global Credit Investment Management L.L.C. ('CGCIM'), an SEC-registered investment adviser and wholly owned subsidiary of Carlyle. CCIF draws upon the significant scale and resources of Carlyle as one of the world's largest CLO managers. Web: CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS This press release may contain forward-looking statements that involve substantial risks and uncertainties. You can identify these statements by the use of forward-looking terminology such as 'anticipates,' 'believes,' 'expects,' 'intends,' 'will,' 'should,' 'may,' 'plans,' 'continue,' 'believes,' 'seeks,' 'estimates,' 'would,' 'could,' 'targets,' 'projects,' 'outlook,' 'potential,' 'predicts' and variations of these words and similar expressions to identify forward-looking statements, although not all forward-looking statements include these words. You should read statements that contain these words carefully because they discuss our plans, strategies, prospects and expectations concerning our business, operating results, financial condition and other similar matters. We believe that it is important to communicate our future expectations to our investors. There may be events in the future, however, that we are not able to predict accurately or control. You should not place undue reliance on these forward-looking statements, which speak only as of the date on which we make it. Factors or events that could cause our actual results to differ, possibly materially from our expectations, include, but are not limited to, the risks, uncertainties and other factors we identify in the sections entitled 'Risk Factors' and 'Cautionary Statement Regarding Forward-Looking Statements' in filings we make with the Securities and Exchange Commission, and it is not possible for us to predict or identify all of them. We undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Contacts: Investors: Media: Nishil Mehta Kristen Greco Ashton +1 (866) 277-8243 +1 (212) 813-4763 investorrelations@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Scotsman
12-05-2025
- Business
- Scotsman
Scotland charities urged to apply for funding from leading train operator
Watch more of our videos on and on Freeview 262 or Freely 565 Visit Shots! now Long-distance train operator CrossCountry has announced that its Customer and Communities Improvement Fund (CCIF) to support community initiatives across the CrossCountry network is now open for applications. Sign up to our daily newsletter Sign up Thank you for signing up! Did you know with a Digital Subscription to Edinburgh News, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... Train operator announces its annual Customer and Communities Improvement Fund worth £100,000 CrossCountry welcomes projects that reduce pollution, protect the environment, support sustainable community growth, and create a positive impact for our employees and wider society The funding window is open from Tuesday 6 May until Friday 6 June 2025. The refreshed grant scheme will open at intervals throughout the year – with the summer application period window open from Tuesday 6 May and Friday 6 June. A total of £100,000 has been made available throughout the year for community projects that deliver tangible social and environmental benefits. Advertisement Hide Ad Advertisement Hide Ad Colleagues from Cross Country and Social Bite Candice Dos Santos Hodgson, Project Manager at CrossCountry, said:'We're excited to launch the next Customer and Communities Improvement Fund and can't wait to see what applications come in from communities across the country. 'We'd be delighted to hear from projects and groups looking to improve the communities served by the CrossCountry network, especially with an emphasis on social value and sustainability – if this sounds like you, please visit our website to apply.' Since 1 April 2022, the Customer and Communities Improvement Fund has supported 30 different initiatives across the country, to a total value of over £550,000. This includes a £17,000 donation to social enterprise Social Bite's Jobs First programme in Edinburgh. Advertisement Hide Ad Advertisement Hide Ad Marzena Farana-Sherlock, Director of Social Impact at Social Bite, said: 'The generous funding from CrossCountry will allow us to continue supporting individuals affected by homelessness into jobs, which can be truly life-changing. By working closely with employers and partners, we aim to create a long-term, systemic shift in how people with a background of homelessness access and sustain employment.' Applications to the fund can be made through an easy-to-complete online form. To find out more and to apply to the Fund, visit For the first time this year, additional funding will be delivered by CrossCountry through its Biodiversity Improvements Projects (BIP) fund, which will support projects on and around the rail network that enhance biodiversity, improve access to nature and help the railway adapt to the changing climate. Applications to the BIP fund for this year can be made at
Globe and Mail
16-04-2025
- Business
- Globe and Mail
Carlyle Credit Income Fund Schedules Second Quarter Financial Results and Investor Conference Call
NEW YORK, April 16, 2025 (GLOBE NEWSWIRE) -- Carlyle Credit Income Fund ('we,' 'us,' 'our,' 'CCIF' or the 'Fund') (NYSE: CCIF) announced today that it will release financial results after market close on Tuesday, May 20, 2025, for its second quarter of 2025. CCIF will host a conference call at 10:00 a.m. EST on Wednesday, May 21, 2025, to discuss the results. The conference call will be available via public webcast via a link on Carlyle Credit Income Fund's website at and will also be available on the website soon after the call's completion. About Carlyle Credit Income Fund Carlyle Credit Income Fund (NYSE: CCIF) is an externally managed closed-end fund focused on investing in primarily equity and junior debt tranches of collateralized loan obligations ("CLOs"). The CLOs are collateralized by a portfolio consisting primarily of U.S. senior secured loans with a large number of distinct underlying borrowers across various industry sectors. CCIF is externally managed by Carlyle Global Credit Investment Management L.L.C. ('CGCIM'), an SEC-registered investment adviser and wholly owned subsidiary of Carlyle. CCIF draws upon the significant scale and resources of Carlyle as one of the world's largest CLO managers. Web: About Carlyle Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit and Global Investment Solutions. With $441 billion of assets under management as of December 31, 2024, Carlyle's purpose is to invest wisely and create value on behalf of its investors, portfolio companies and the communities in which we live and invest. Carlyle employs more than 2,300 people in 29 offices across four continents. Further information is available at Follow Carlyle on X @OneCarlyle and on LinkedIn at The Carlyle Group. Contacts:
