Credit Suisse High Yield Credit Fund (DHY)

Credit Suisse High Yield Credit Fund Announces Preliminary Results of Transferable Rights OfferingMay 15, 2026 11:04 AM
PR Newswire (US) NEW YORK, May 15, 2026 /PRNewswire/ -- Credit Suisse High Yield Credit Fund (NYSE American: DHY) (the "Fund") today announced the preliminary results of its transferable rights offering (the "Offer"). The Offer commenced on April 21, 2026 and expired on May 14, 2026 (the "Expiration Date"). The Offer entitled rights holders to subscribe for up to an aggregate of 34,536,541 of the Fund's common shares of beneficial interest, par value $0.001 per share (the "Common Shares").  The subscription price was $1.75 per Common Share and was determined based upon the formula equal 86.0% of the net asset value per Common Share at the close of trading on the NYSE American on the Expiration Date. The Offer was oversubscribed.The Offer was successfully completed, with a total of 34,536,541 Common Shares issued. Gross proceeds of the Offer are expected to be approximately $60.4 million. The Fund intends to invest the net proceeds of the Offer in accordance with its investment objectives and policies. Common Shares will be issued promptly following receipt of all shareholder payments and completion of the pro-rata allocation of Common Shares in respect of the over-subscription privilege.This document is not an offer to sell any securities and is not soliciting an offer to buy any securities in any jurisdiction where the offer or sale is not permitted. This document is not an offering, which can only be made by a prospectus. Investors should consider the Fund's investment objectives, risks, charges and expenses carefully before investing. Such information, including other information about the Fund, can be found on file with the Securities and Exchange Commission (the "SEC") and should be read carefully before investing.About Credit Suisse High Yield Credit Fund. The Fund is a diversified closed-end management investment company registered under the Investment Company Act of 1940, as amended. The Fund's primary investment objective is to seek high current income, with capital appreciation as a secondary objective to the extent consistent with the principal investment objective. Under normal circumstances, the Fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in investments rated below investment grade quality.About UBS Asset Management (Americas) LLC. UBS Asset Management (Americas) LLC, the Fund's investment adviser ("UBS AM (Americas)" or the "Adviser"), is part of the Asset Management business of UBS Group AG, a leading global financial services organization headquartered in Zurich.Safe Harbor StatementThis press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction.Forward-Looking StatementsThis press release contains certain statements that may include "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, included herein are "forward-looking statements." Although the Fund and the Adviser believe the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Fund's reports that are filed with the SEC. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Other than as required by law, the Fund and the Adviser do not assume a duty to update any forward-looking statement.Risks of Investing in Closed-End FundsShares of many closed-end funds frequently trade at a discount from their asset value. Funds are subject to stock market risk, which is the risk that stock prices overall will decline over short or long periods, adversely affecting the value of an investment in a fund. There is no assurance that the Fund will achieve its investment objective. Past performance does not guarantee future results. View original content:https://www.prnewswire.com/news-releases/credit-suisse-high-yield-credit-fund-announces-preliminary-results-of-transferable-rights-offering-302773685.htmlSOURCE UBS Asset Management (Americas) LLC Original: Credit Suisse High Yield Credit Fund Announces Preliminary Results of Transferable Rights Offering

Credit Suisse High Yield Credit Fund Announces Transferable Rights OfferingApril 14, 2026 4:01 PM
PR Newswire (US)

NEW YORK, April 14, 2026 /PRNewswire/ -- Credit Suisse High Yield Credit Fund (NYSE American: DHY) (the "Fund") announced today that its Board of Trustees has approved the terms of the issuance of transferable rights ("Rights") to the holders of the Fund's common shares of beneficial interest, par value $0.001 per share, (the "Common Shares") as of the record date, April 21, 2026 (the "Record Date"). Holders of these Rights will be entitled to subscribe for additional Common Shares (the "Offer") at a discount to market price. The Offer to acquire additional Common Shares will be made only by means of a prospectus supplement and accompanying prospectus, and this announcement does not constitute an offer to sell, or a solicitation of an offer to buy, any of the Fund's securities.UBS Asset Management (Americas) ("UBS AM (Americas)" or the "Adviser") believes that this is an attractive time to raise additional assets for the Fund because current high yield market conditions reflect stable issuer fundamentals and markets that remain conducive to deploying capital efficiently, providing an attractive opportunity to raise incremental capital. The proceeds of the Offer are anticipated to be invested in attractive opportunities in high yield credit markets, consistent with the Fund's investment objective to seek high current income, with capital appreciation as a secondary objective. A substantial portion of the proceeds of the Offer is expected to be allocated to senior loans, with opportunistic investments in collateralized loan obligations to enhance exposure to higher-yielding securities.The Adviser believes that the current macroeconomic environment presents a compelling opportunity in the high yield credit markets. In the Adviser's assessment, large and well-functioning loan markets, ongoing issuance activity, and disciplined leverage levels at issuance, create an environment conducive to deploying capital efficiently and selectively in credit opportunities. Among other benefits, an increase in the Fund's assets may also lower the Fund's expense ratio, as fixed operating costs would be spread across a larger asset base. Additionally, the Offer creates potential for increased liquidity and trading volume of the Fund's Common Shares.Certain key terms of the Offer are as follows:Common shareholders on the Record Date ("Record Date Shareholders") will receive one transferable Right for each Common Share owned.Three Rights are required to purchase one newly issued Common Share at the Subscription Price (defined below). The Fund will not issue fractional shares, so Record Date Shareholders holding fewer than three Rights will be entitled to subscribe for one full Common Share.The Subscription Price will be determined by the Fund upon the Expiration Date (as defined below) of the Offer, which is currently expected to be May 14, 2026, unless the Fund extends the Offer. The Subscription Price will be based upon a formula equal to the higher of (i) 92.5% of the average market price on the Expiration Date and the four preceding trading days on the NYSE American or (ii) 86.0% of net asset value on the Expiration Date.Record Date Shareholders who fully exercise all Rights initially issued to them will be permitted to subscribe for additional Common Shares that were not subscribed for by other Record Date Shareholders at the Subscription Price ("over-subscription privilege"). Investors who are not Record Date Shareholders, but who otherwise acquire Rights, are not entitled to subscribe for any additional Common Shares. Over-subscription shares may only be acquired if there are unexercised Rights. If sufficient Common Shares are not available to honor all over-subscription requests, unsubscribed Common Shares will be allocated pro rata among those Record Date Shareholders who over-subscribe based on the number of Common Shares they owned on the Record Date.The Rights are transferable and are expected to be admitted for trading on the NYSE American under the symbol "DHY RT" during the course of the Offer. The Rights are expected to cease trading on May 13, 2026, one trading day prior to the Expiration Date (as defined below). During this time, Record Date Shareholders may also choose to sell their Rights.The Offer is expected to expire at 5:00 PM Eastern Time on May 14, 2026, unless extended (the "Expiration Date").The definitive terms of the Offer will be made through a prospectus supplement and accompanying prospectus. The final terms of the Offer may be different from those set out above.All offering expenses, including the sales load, will be borne by the Fund and ultimately by the Fund's shareholders.The Fund expects to maintain its current distribution level following the Offer. The Fund has declared a monthly distribution payable on April 23, 2026, with a record date of April 16, 2026, and a monthly distribution payable on May 22, 2026, with a record date of May 4, 2026. Any Common Shares issued as a result of the Offer will not be record date shares for the Fund's monthly distribution to be paid on April 23, 2026 or May 22, 2026, and will not be entitled to receive such distribution.The Fund expects to mail subscription certificates evidencing the Rights and a copy of the prospectus supplement and accompanying prospectus for the Offer to Record Date Shareholders within the United States shortly following the Record Date. Inquiries regarding the Offer should be directed to the Information Agent, EQ Fund Solutions, LLC at 800-859-8509.Record Date Shareholders who hold Common Shares through a broker, custodian or trust company can most likely act electronically and should contact such entity to understand their procedure to exercise or sell their Rights as each firm may have different procedures. Please review the offering materials carefully and ensure any decisions are made within the subscription period, and according to your broker's, custodian, or trust company's specific closing date, which may be earlier than expiration date.Record Date Shareholders who do not hold Common Shares through a broker, custodian, or trust company should forward their instructions to either exercise or sell their Rights by completing the subscription certificate and delivering it to the subscription agent for the Offer, together with their payment, at one of the locations indicated on the subscription certificate or in the prospectus supplement.The information in this press release is not complete and is subject to change. This document is not an offer to sell any securities and is not soliciting an offer to buy any securities in any jurisdiction where the offer or sale is not permitted. This document is not an offering, which can only be made by a prospectus. Investors should consider the Fund's investment objectives, risks, charges, and expenses carefully before investing. The Fund's prospectus supplement and accompanying prospectus will contain this and additional information about the Fund and additional information about the Offer and should be read carefully before investing. For further information regarding the Offer, or to obtain a prospectus supplement and the accompanying prospectus, when available, please contact the Fund's information agent:EQ Fund Solutions
28 Liberty Street, 53rd Floor 
New York, NY 10005
(800)  293-8509About Credit Suisse High Yield Credit Fund. The Fund is a diversified closed-end management investment company registered under the Investment Company act of 1940, as amended. The Fund's primary investment objective is to seek high current income, with capital appreciation as a secondary objective to the extent consistent with the principal investment objective. Under normal circumstances, the Fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in investments rated below investment grade quality.About UBS Asset Management (Americas) LLC. UBS Asset Management (Americas) LLC, the Fund's investment adviser, is part of the Asset Management business of UBS Group AG, a leading global financial services organization headquartered in Zurich.Safe Harbor Statement
This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction.Forward-Looking Statements
This press release contains certain statements that may include "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, included herein are "forward-looking statements." Although the Fund and the Adviser believe the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Fund's reports that are filed with the SEC. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Other than as required by law, the Fund and the Adviser do not assume a duty to update any forward-looking statement.Risks of Investing in Closed-End Funds
Shares of many closed-end funds frequently trade at a discount from their asset value. Funds are subject to stock market risk, which is the risk that stock prices overall will decline over short or long periods, adversely affecting the value of an investment in a fund. The Offer may result in an immediate dilution of the net asset value per Common Share for all existing Common Shareholders, including those who fully exercise their Rights.Credit Suisse High Yield Credit Fund
1285 Avenue of the Americas
New York, NY 10019
https://us-fund.ubs.com/DHYContact:
Shareholder Services
(800) 293-1232




View original content:https://www.prnewswire.com/news-releases/credit-suisse-high-yield-credit-fund-announces-transferable-rights-offering-302742256.htmlSOURCE UBS Asset Management (Americas) LLC

Original: Credit Suisse High Yield Credit Fund Announces Transferable Rights Offering

got only ten percent left

I started buying. My concern with this is that the dividend has dropped since inception and has never been raised. This might be one to avoid because of further dividend cuts.

Nobody posted here in years, so since it’s been so long I’ll post. I recently started buying this on big dip some weeks ago. Attractive dividend monthly and cheap entry. But I wouldn’t have bought this years ago bc price was much higher and I’m sure plenty lost their prin capital.

I remember this glad I sold my shares for fcisx

Is it monthly dividend ? And if it is how much monthly?

Bought me 100 shares last week penny, got any news and or info on this one as a long term holder. I would like in time to have 900 more shares cuz i really like the div.If i got in on feb the 6th will i get this months div or will i have to wait for march?

June 14, 2012: DHY Reports 2nd Quarter Earnings

New York, New York – June 14, 2012: Credit Suisse High Yield Bond Fund (NYSE Amex: DHY), a registered closed-end investment company, today announced earnings for the second quarter ended April 30, 2012.

Total net assets of the Fund on April 30, 2012 were $241,761,287 as compared with $221,591,346 on January 31, 2012 and $231,148,361 on April 30, 2011. On April 30, 2012 the net asset value per share was $2.95 based on 81,839,649 shares outstanding.

https://www.credit-suisse.com/us/asset_management/doc/second_quarter_earnings_2012.pdf

Another month, another dividend. DHY is a money making machine for those who don't mind having long term holdings.

May 1, 2012: DHY Announces Monthly Dividend

Credit Suisse High Yield Bond Fund
Eleven Madison Avenue
New York, New York 10010

DHY Announces Monthly Dividend

For Immediate Release

May 1, 2012

Contact: Investor Relations
Credit Suisse Asset Management, LLC
1-800-293-1232
New York, New York.

The Board of Trustees of Credit Suisse High Yield Bond
Fund (NYSE Amex: DHY), a closed-end investment company managed by Credit Suisse Asset Management, LLC, has declared a dividend of $0.0265 per share of beneficial interest payable on May 22, 2012 to shareholders of record as of May 16, 2012. The ex-dividend date is May 14, 2012.

Credit Suisse Asset Management, LLC, would like to remind shareholders that a portion of the Fund’s fiscal year 2012 dividend may be a return of capital and that such determination has not yet been made. The Fund’s Board of Trustees periodically
assesses the level of the Fund’s monthly distributions for its continued appropriateness
in light of the Fund’s investment experience.

* * * * * * * * *

Credit Suisse Asset Management, LLC, the Fund’s investment adviser, is part of the Asset Management business of Credit Suisse Group AG, a leading global financial services organization headquartered in Zurich.

April 2, 2012: DHY Announces Monthly Dividend

Credit Suisse High Yield Bond Fund
Eleven Madison Avenue
New York, New York 10010

DHY Announces Monthly Dividend

For Immediate Release
April 2, 2012
Contact: Investor Relations
Credit Suisse Asset Management, LLC
1-800-293-1232

New York, New York. The Board of Trustees of Credit Suisse High Yield Bond Fund (NYSE Amex: DHY), a closed-end investment company managed by Credit Suisse Asset Management, LLC, has declared a dividend of $0.0265 per share of
beneficial interest payable on April 24, 2012 to shareholders of record as of April 18, 2012. The ex-dividend date is April 16, 2012.

Credit Suisse Asset Management, LLC, would like to remind shareholders that a portion of the Fund’s fiscal year 2012 dividend may be a return of capital and that such
determination has not yet been made. The Fund’s Board of Trustees periodically assesses the level of the Fund’s monthly distributions for its continued appropriateness
in light of the Fund’s investment experience.

* * * * * * * * *
Credit Suisse Asset Management, LLC, the Fund’s investment adviser, is part of the Asset Management business of Credit Suisse Group AG, a leading global financial
services organization headquartered in Zurich.

Another month, and steadily along DHY goes. There should be a dividend declaration PR in the next day or two. This baby is on time month after month.

I expect that DHY's 1st Quarter Report will be out sometime this month. I will be interested to see what kind of earnings happened this quarter.

Right on schedule, DHY is going to be paying out a dividend of $.0265 per share to shareholders of record as of the 16th of March.

This is my favorite stock as it has low volatility and pays out its dividend each and every month like clockwork.

March 5, 2012: DHY Announces Monthly Dividend

Credit Suisse High Yield Bond Fund
Eleven Madison Avenue
New York, New York 10010

DHY Announces Monthly Dividend

For Immediate Release
March 1, 2012

Contact: Investor Relations
Credit Suisse Asset Management, LLC
1-800-293-1232

New York, New York. The Board of Trustees of Credit Suisse High Yield Bond Fund (NYSE Amex: DHY), a closed-end investment company managed by Credit Suisse Asset Management, LLC, has declared a dividend of $0.0265 per share of beneficial interest payable on March 22, 2012 to shareholders of record as of March 16, 2012. The ex-dividend date is March 14, 2012.

Credit Suisse Asset Management, LLC, would like to remind shareholders that a portion of the Fund’s fiscal year 2012 dividend may be a return of capital and that such determination has not yet been made. The Fund’s Board of Trustees periodically assesses the level of the Fund’s monthly distributions for its continued appropriateness in light of the Fund’s investment experience.

* * * * * * * * *

Credit Suisse Asset Management, LLC, the Fund’s investment adviser, is part of the Asset Management business of Credit Suisse Group AG, a leading global financial services organization headquartered in Zurich.

https://www.credit-suisse.com/us/asset_management/doc/0312_monthly_dividen_press_release.pdf

DHY will be announcing the March dividend either tomorrow or Friday. While you will have a couple of weeks to purchase before the EX date, the current stock price may be edging up in anticipation of that date. Might be a good time to get in.

Got my dividend Thursday, now I'm looking forward to next month to get another. The declare day will probably be Thursday the 1st or Friday the 2nd.

Like this fund. Adding some here and there.

Today is the pay date for the February dividend. About 7 days until the next announcement date for the March dividend. Month after month, this fund performed and puts money into the account.

DHY will be trading ex-dividend tomorrow, and the record date for the February Dividend will be Thursday the 16th.

Been trading slightly sideways for a few days, in what looks like a small consolidation. Ex-dividend and record date are coming up next week, so it should be interesting to see what will happen.

You are welcome. I was a little surprised that this Fund did not have a board of its own, and that there is very little chatter about it.

This is a great closed-end fund, with decent technicals and just looking at the chart makes me smile. Couple that with a monthly dividend payed out for the past 6 years running. I wish I would have put a lot more into it in my initial buy-in, but as it stands my dividends get reinvested right back into the fund at the NAV so it's a win win.

I look at this as a really good long term investment which I have stashed in my IRA. However if a person has enough capital they could make VERY good intraday gains just based on the 1-2% gains this has been making daily for several weeks now.

Not only that but the bond market is steadily getting better, so the rate that this fund makes on it's investments could be getting better month after month.

It's pretty exciting to me. And the best part is this fund is leveraged and doesn't have near the volatility that a typical sub $4 would have.

Thanks for the heads up on this one.

DHY Announces Monthly Dividend

For Immediate Release

February 1, 2012
Contact: Investor Relations
Credit Suisse Asset Management, LLC
1-800-293-1232

New York, New York. The Board of Trustees of Credit Suisse High Yield Bond Fund (NYSE Amex: DHY), a closed-end investment company managed by Credit Suisse Asset Management, LLC, has declared a dividend of $0.0265 per share of beneficial interest payable on February 23, 2012 to shareholders of record as of
February 16, 2012.

The ex-dividend date is February 14, 2012. Credit Suisse Asset Management, LLC, would like to remind shareholders that a
portion of the Fund’s fiscal year 2012 dividend may be a return of capital and that such determination has not yet been made. The Fund’s Board of Trustees periodically assesses the level of the Fund’s monthly distributions for its continued appropriateness
in light of the Fund’s investment experience.

* * * * * * * * *

Credit Suisse Asset Management, LLC, the Fund’s investment adviser, is part of the Asset Management business of Credit Suisse Group AG, a leading global financial services organization headquartered in Zurich.

The monthly dividend announcement should be posted here in the next couple of days. I expect it to once again be $.00265 per share. Great chance to make a nice 10%+ return on your investment.

DHY up .02 again today, continuing it's steady climb over the past few weeks. I anticipate they will be announcing their February ex-dividend date sometime in the next 10-12 days. Looking at $.0265 per share dividend again next month.