Lord Abbett Private Credit Fund S enters $100M revolving credit facility, expandable to $500M

Lord Abbett Private Credit Fund S

Initial revolving credit facility of $100M, with option to increase to $500M.
Facility matures June 3, 2030; revolving period ends June 4, 2029.
Interest rates: ABR loans 0.75%-0.875%, Term Benchmark/RFR loans 1.75%-1.875%.
Non-usage fee of 0.375% on unused commitments; secured by first-priority lien on substantially all assets.
Proceeds for general corporate purposes; subject to asset coverage ratio of at least 150%.

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