debt
confidence high
sentiment positive
materiality 0.60
Lord Abbett Private Credit Fund: debt financing — Lord Abbett Private Credit Fund increases credit facility to $550M; replaces custodian
Lord Abbett Private Credit Fund
- Maximum committed amount under Credit Agreement increased from $450M to $550M as of June 23, 2026.
- Computershare Trust Company appointed as successor collateral custodian and securities intermediary, replacing State Street.
- State Street resigns as custodian; Computershare assumes duties effective June 23, 2026.
- Borrower represented no Default, Event of Default, or Servicer Termination Event as of amendment date.