As filed with the Securities and Exchange Commission on December 29, 2017

_____________________________________________________________________________________________________________________________________________

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_____________________________________________________________________________________________________________________________________________

SCHEDULE TO

_____________________________________________________________________________________________________________________________________________

Tender Offer Statement under Section 14(d)(1) or 13(e)(1)

of the Securities Exchange Act of 1934

(Amendment No. 1)

____________________________________________________________________________________________________________________________________________

GUGGENHEIM CREDIT INCOME FUND — I

(Name of Subject Company (Issuer))

GUGGENHEIM CREDIT INCOME FUND — I

(Names of filing Persons (Offeror and Issuer))

Common Shares, Par Value $0.001 per share

(Title of Class of Securities)

14174W 100

(CUSIP Number of Class of Securities)

(Underlying Common Stock)

_____________________________________________________________________________________________________________________________________________

Matthew S. Bloom

Chief Executive Officer

Guggenheim Credit Income Fund - I

330 Madison Avenue

New York, New York 10017

Tel: (212) 739-0700

(Name, address and telephone number of person authorized to receive

notices and communications on behalf of filing person)

_____________________________________________________________________________________________________________________________________________

Copies to:

Richard Horowitz, Esq.

Dechert LLP

1095 Avenue of the Americas

New York, New York 10036

Tel: (212) 698-3599

_____________________________________________________________________________________________________________________________________________

CALCULATION OF FILING FEE

TRANSACTION VALUATION	AMOUNT OF FILING FEE
$737,189	$91.78

*The amount of the filing fee, calculated in accordance with Rule 0-11(b) under the Securities Exchange Act of 1934, as amended, is equal to 0.01245% of the value of the transaction.

ý Check the box if any part of the fee is offset as provided by Rule 0-11(a)(2) and identify the filing with which the offsetting fee was previously paid. Identify persons filing by registration statement number, or the Form or Schedule and the date of its filing.

Amount Previously Paid:     $91.78

Form or Registration No.:     Schedule TO

Filing Party:         Guggenheim Credit Income Fund — I

Date Filed:         November 15, 2017

o Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer.

Check the appropriate boxes below to designate any transactions to which the statement relates:

o Third-party tender offer subject to Rule 14d-1.

ý Issuer tender offer subject to Rule 13e-4.

o Going-private transaction subject to Rule 13e-3.

o Amendment to Schedule 13D under Rule 13d-2.

Check the following box if the filing is a final amendment reporting the results of the tender offer: ý

FINAL AMENDMENT TO TENDER OFFER STATEMENT

This Amendment No. 1 supplements and amends the Tender Offer Statement on Schedule TO filed on November 15, 2017 with the Securities and Exchange Commission by Guggenheim Credit Income Fund — I, an externally managed, non-diversified, closed-end management investment company organized as a Delaware statutory trust (the “Company”) in connection with the Company’s offer to purchase up to 28,529 shares of its issued and outstanding common shares (the “Shares”) (representing 2.5% per quarter of the Company’s weighted average number of outstanding Shares for the trailing four quarters) at a purchase price of $25.84 per Share (the “Offer”). The Offer was made upon and subject to the terms and conditions set forth in the Company’s Offer to Purchase dated November 15, 2017 and related Letter of Transmittal.

The Offer terminated on December 20, 2017 (at 5:00 p.m., Central Time (the “Expiration Date”)) in accordance with its terms. As of the Expiration Date, a total of 7,377 Shares were validly tendered pursuant to the Offer and not withdrawn. As of December 29, 2017, in accordance with the terms of the Offer and Rule 13e-4(f), the Company accepted for payment all of the Shares validly tendered in the Offer and not withdrawn, for an aggregate purchase price of $190,616.49.

SIGNATURE

After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

			Guggenheim CREDIT INCOME FUND — I
Date:	December 29, 2017		/s/ Paul S. Saint-Pierre
		By:	Paul S. Saint-Pierre
		Title:	Chief Financial Officer