Sun Life Financial Inc's Form 4/A amendment
AmendedCrescent Private Credit Income Corp · filed Feb 14, 2025
- Accession no.
- 0000945621-25-000220
- Filed
- Feb 14, 2025, 3:34 PM ET
- Trade date
- Nov 21, 2023
- Filing delay
- 451 days
- Rule 10b5-1 plan
- Not checked
- Original filed
- Nov 21, 2023
This filing lists 2 non-derivative transactions. Open-market purchases total $50.0M. It was filed 451 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Sun Life Financial IncCIK 0001097362 | 10% Owner |
| BK Canada Holdings Inc.CIK 0001992700 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Nov 21, 2023 | Class I Common Shares, par value $0.01 per share | PPurchaseAcquired | +980,392 | $25.50 | +$24,999,996 | 2,776,799 | Direct | |
| Nov 21, 2023 | Class I Common Shares, par value $0.01 per share | PPurchaseAcquired | +980,392 | $25.50 | +$24,999,996 | 3,976,799 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
As previously reported, BK Canada Holdings Inc. made an aggregate $120 million capital commitment (the "Capital Commitment") to Crescent Private Credit Income Corp. (the "Company"). On November 1, 2023, $25 million of the Capital Commitment was drawn down by the Company in exchange for Class I common shares. The purchase price per share and number of Class I common shares acquired by BK Canada Holdings Inc. in respect of such draw down were fixed and determined on November 21, 2023, as disclosed in the Current Report on Form 8-K filed with the SEC by the Company on such date.
- F2
Sun Life Financial Inc. is the parent holding company of BK Canada Holdings Inc., the direct owner of the reported shares. This joint filing on Form 4 is being made in order to include by amendment Sun Life Financial Inc. as a joint filer along with its affiliate BK Canada Holdings Inc. with respect to the Company's securities and therefore amends the Form 4 that was previously filed by BK Canada Holdings Inc. on November 21, 2023, as Sun Life Financial Inc. had not previously been made a party to such filing. As the parent holding company of BK Canada Holdings Inc., Sun Life Financial Inc. is deemed to have an indirect beneficial ownership interest in the shares directly owned by BK Canada Holdings Inc. as reported herein.
- F3
In addition, Sun Life Financial Inc. is also the parent holding company of Sun Life Assurance Company of Canada. As of November 21, 2023, Sun Life Assurance Company of Canada was the owner of 1,200,000 Class I common shares of the Company that were held directly by Sun Life Assurance Company of Canada. As the parent holding company of both BK Canada Holdings Inc. and Sun Life Assurance Company of Canada, Sun Life Financial Inc. is deemed to have an indirect beneficial ownership interest in the shares of the Company directly owned by each of BK Canada Holdings Inc. and Sun Life Assurance of Canada as reported herein.