Herzfeld Credit Income Fund, Inc. To Conduct a Tender Offer for up to 5% of Outstanding Common Shares

Herzfeld Credit Income Fund, Inc. (Nasdaq: HERZ) announced its intention to commence a tender offer for up to 5% of its outstanding shares at 97.5% of NAV, beginning by October 31, 2026. This initiative is part of an ongoing plan to address the Fund's trading price discount to its net asset value. The offer will proceed if the average discount was greater than 10% for the fiscal year just ended, with formal terms to be announced soon.