Lord Abbett Private Credit Fund raises $89.5M in equity; declares $0.22 per share distribution

Lord Abbett Private Credit Fund

Issued 3.56M common shares at $25.12/share in private placement, raising ~$89.5M from accredited investors.
As of Dec 31, 2025, portfolio had $1.26B par value in 44 companies; 95% senior secured debt, 100% floating rate.
Weighted avg yield on debt investments 9.3%; median portfolio company EBITDA $76M; net leverage 4.7x; interest coverage 2.2x.
Declared $0.22 per share distribution, record date Jan 31, 2026, payable Feb 25, 2026.
NAV per share as of Dec 31, 2025 was $25.12, equal to offering price; aggregate NAV ~$528M.

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.98

Lord Abbett Private Credit Fund issued approximately 3,562,500 Common Shares of common stock to accredited investors for aggregate offering price of approximately $89.5 million, reflecting a purchase price of $25.12 per Common Share.

Security: common stock
Shares: approximately 3,562,500 Common Shares
Purchaser: accredited investors
Consideration: aggregate offering price of approximately $89.5 million, reflecting a purchase price of $25.12 per Common Share

Exact text from the filing

As of January 1, 2026, Lord Abbett Private Credit Fund (“we”, the “Company” or the “Fund”) issued and sold approximately 3,562,500 of the Company’s common shares of beneficial interest (the “Common Shares”) for an aggregate offering price of approximately $89.5 million, reflecting a purchase price of $25.12 per Common Share (with the final number of Common Shares being determined on January 23, 2026).

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Source: SEC EDGAR

accession 0000930413-26-000281

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