secwatch.observer — SEC 8-K summary
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Issuer:     PGIM Private Credit Fund (PGIM)
CIK:        0001923622
Form:       8-K
Filed at:   2023-11-01T23:59:59+00:00
Accession:  0001104659-23-113429
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PGIM Private Credit Fund enters $150M senior secured revolver with SMBC; accordion up to $350M
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- Initial commitment $150M, expandable to $350M via accordion subject to conditions.
- Five-year maturity from October 30, 2023; interest at SOFR + 2.125%/2.25% or ABR + 1.125%/1.25%.
- Facility secured by substantially all portfolio assets, including cash and cash equivalents.
- Borrowings subject to borrowing base and leverage restrictions under the Investment Company Act.
- Sumitomo Mitsui Banking Corporation serves as administrative agent and lead arranger.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1923622/000110465923113429/0001104659-23-113429-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1923622/000110465923113429/tm2326215d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-113429

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