Willow Tree Capital Corp has initiated a tender offer to repurchase up to 1,361,722 shares of its common stock, which amounts to approximately $21.7 million. This offer represents 5% of the company’s total outstanding shares as of June 30, 2026. The tender offer is a strategic move aimed at enhancing shareholder value and reflects the company’s commitment to returning capital to its investors.

The offer will remain open until November 30, 2026, unless extended. Shareholders who tender their shares will receive a payment based on the net asset value as of the valuation date, which is expected to be the same date as the offer's expiration. This decision underscores Willow Tree Capital's proactive approach in a competitive investment environment.

Background

Willow Tree Capital Corp is a closed-end management investment company that has elected to be regulated as a business development company under the Investment Company Act of 1940. The company is incorporated in Maryland and operates out of New York City. Its principal office is located at 450 Park Avenue, 29th Floor, New York, NY 10022.

What the Filing Says

The tender offer statement filed under Schedule TO indicates that the company is offering to purchase shares that can be repurchased with approximately $21,719,466. The filing states, "We are offering to purchase up to the number of shares of our issued and outstanding common stock... that can be repurchased with approximately $21,719,466." This amount correlates with 5.0% of the aggregate number of the company’s shares outstanding as of June 30, 2026.

Impact

This tender offer may have significant implications for the company’s shareholders, as it provides an opportunity for them to liquidate their investments at a favorable price. The move could also influence investor sentiment and market perception of Willow Tree Capital's financial health and strategic direction.

What's Next

The offer is set to expire on November 30, 2026, unless extended. Shareholders are encouraged to review the terms outlined in the Offer to Purchase and related documents to understand their options and the procedure for tendering shares.