Fidelity Private Credit Fund issues $210M unsecured notes: $105M at 6.15% due 2028, $105M at 6.50% due 2030

Fidelity Private Credit Fund

• Issued $105M Series 2025A Senior Notes at 6.15% per annum, maturing June 12, 2028.
• Issued $105M Series 2025B Senior Notes at 6.50% per annum, maturing June 12, 2030.
• Notes are unsecured, rank pari passu with other unsecured debt; interest payable semiannually.
• Proceeds used for general corporate purposes; sold in private placement exempt from SEC registration.
• Rate step-up (up to 2%) if below investment grade or if secured debt ratio exceeds thresholds.