Lord Abbett Private Credit Fund Secures $300M Revolving Credit Facility with RBC and Issues $58M in Shares

Lord Abbett Private Credit Fund

Entered into $300M revolving credit facility with Royal Bank of Canada as administrative agent, maturing December 2030.
Issued approximately 2.3 million common shares at $25.20 per share for aggregate proceeds of ~$58.0 million in private placement.
As of November 30, 2025, portfolio of 37 companies with $1.29B commitments, 94% senior secured debt, weighted average yield 9.5%.
Declared distribution of ~$0.22 per share payable January 28, 2026 to holders of record December 31, 2025.
Net asset value per share $25.20 as of November 30, 2025, aggregate NAV ~$471 million.

item 1.01 item 2.03 item 3.02 item 7.01 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.95

Lord Abbett Private Credit Fund incurred revolving credit of initial aggregate amount of up to $300,000,000 with Royal Bank of Canada, Computershare Trust Company, N.A. at floating rate applicable to the currency of such borrowing (which, for U.S. doll maturing December 1, 2030.

Instrument: revolving credit
Principal: initial aggregate amount of up to $300,000,000
Counterparty: Royal Bank of Canada, Computershare Trust Company, N.A.
Rate: floating rate applicable to the currency of such borrowing (which, for U.S. doll
Maturity: December 1, 2030
Event: incurrence

Exact text from the filing

The Revolving Credit Facility provides for, among other things, borrowings in U.S. dollars or certain other permitted currencies in an initial aggregate amount of up to $300,000,000. The revolving period during which PCF Financing 2 is permitted to borrow, repay and re-borrow loans will terminate December 1, 2028 (the “Reinvestment Period End Date”). Loans

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Source: SEC EDGAR

accession 0000930413-25-003757

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