---
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"
generated_at: "2026-05-26T02:33:45.576847+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Fidelity Private Credit Fund boosts credit line to $400M, cuts borrowing costs

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-25-028585
- form_type: 8-K
- cik: 0001920453
- company_name: Fidelity Private Credit Fund
- filed_at: 2025-02-27T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-028585
- JSON: https://secwatch.observer/filing/0000950170-25-028585.json
- Plain text: https://secwatch.observer/filing/0000950170-25-028585.txt

## Key facts
- Debt Financings
  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.
  - Instrument: revolving credit
  - Principal: increased from $250,000,000 to $400,000,000
  - Counterparty: BNP Paribas
  - Rate: applicable margin decreased from 2.55% per annum to 2.35% per annum during reinv
  - Event: amendment
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1920453/000095017025028585/0000950170-25-028585-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.