{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-054331","form_type":"8-K","ticker":null,"cik":"0001920453","company_name":"Fidelity Private Credit Fund","filed_at":"2024-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.212621+00:00","generated_at":"2026-06-02T21:00:41.101370+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Fidelity Private Credit Fund subsidiary enters $250M revolving credit facility with BNP Paribas","bullets":["Revolving facility of $250M, secured by portfolio investments, with BNP Paribas as administrative agent.","Interest rate: Term SOFR plus 2.55% (revolving period) or plus 3.05% (amortization period).","Availability ends May 2, 2027; facility matures May 2, 2029.","Proceeds for general corporate purposes, including debt repayment, distributions, and investments.","Borrower is subsidiary Fidelity Private Credit Fund BSPV LLC; subject to borrowing base and customary covenants."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-054331","json":"https://secwatch.observer/filing/0000950170-24-054331.json","markdown":"https://secwatch.observer/filing/0000950170-24-054331.md","text":"https://secwatch.observer/filing/0000950170-24-054331.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1920453/000095017024054331/0000950170-24-054331-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1920453/000095017024054331/ck0001920453-20240502.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T21:00:41.101370+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f84f0320d15866a4f9dc33c57697ba689b9a39d7","claim":"Fidelity Private Credit Fund entered into Revolving Credit and Security Agreement with BNP Paribas, as administrative agent; Virtus Group, LP, as collateral administrator; State Street Bank and Trust Company, as collateral agent; the lenders party thereto valued at $250,000,000 (effective 2024-05-02).","evidence_excerpt":"On May 2, 2024, Fidelity Private Credit Fund BSPV LLC (the “BSPV”), as Borrower, a subsidiary of Fidelity Private Credit Fund (the “Fund”), entered into a revolving credit facility (the “Facility”) pursuant to a Revolving Credit and Security Agreement (the “Agreement”), with BNP Paribas, as administrative agent, Virtus Group, LP, as collateral administrator, State Street Bank and Trust Company, as collateral agent, the Fund, as equityholder and investment advisor, and the lenders party thereto (the “Lenders”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1920453/000095017024054331/0000950170-24-054331-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"BNP Paribas, as administrative agent; Virtus Group, LP, as collateral administrator; State Street Bank and Trust Company, as collateral agent; the lenders party thereto"},{"label":"Value","value":"$250,000,000"},{"label":"Effective","value":"2024-05-02"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}