{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-028585","form_type":"8-K","ticker":null,"cik":"0001920453","company_name":"Fidelity Private Credit Fund","filed_at":"2025-02-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.578036+00:00","generated_at":"2026-05-26T02:33:45.576847+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Fidelity Private Credit Fund boosts credit line to $400M, cuts borrowing costs","bullets":["Maximum facility amount increased from $250M to $400M under First Amendment.","Applicable margin lowered: 2.35% (from 2.55%) during reinvestment period and 2.85% (from 3.05%) after.","Canadian Dollar benchmark replaced with Term CORRA.","Amendment dated February 21, 2025, with BNP Paribas as administrative agent."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-028585","json":"https://secwatch.observer/filing/0000950170-25-028585.json","markdown":"https://secwatch.observer/filing/0000950170-25-028585.md","text":"https://secwatch.observer/filing/0000950170-25-028585.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1920453/000095017025028585/0000950170-25-028585-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1920453/000095017025028585/ck0001920453-20250221.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T02:33:45.576847+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":"5df49608b1e8e43d7621cca06e9af76920abbbdb","claim":"Fidelity Private Credit Fund amended revolving credit of increased from $250,000,000 to $400,000,000 with BNP Paribas at applicable margin decreased from 2.55% per annum to 2.35% per annum during reinv.","evidence_excerpt":"the First Amendment provides for, among other things, (i) an increase in the maximum facility amount from $250,000,000 to $400,000,000, (ii) a decrease in the applicable margin for advances (x) during the reinvestment period from 2.55% per annum to 2.35% per annum and (y) after the reinvestment period from 3.05% per annum to 2.85% per annum","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1920453/000095017025028585/0000950170-25-028585-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"increased from $250,000,000 to $400,000,000"},{"label":"Counterparty","value":"BNP Paribas"},{"label":"Rate","value":"applicable margin decreased from 2.55% per annum to 2.35% per annum during reinv"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}