debt
confidence high
sentiment neutral
materiality 0.30
PGIM Private Credit Fund increases revolving credit facility from $150M to $175M via accordion
PGIM Private Credit Fund
- Aggregate commitments under senior secured revolving credit facility increased from $150M to $175M on Jan 17, 2025.
- Natixis, New York Branch increased its multicurrency commitment to $50M as part of the accordion feature.
- Accordion feature permits future commitment increases up to $350M subject to conditions.
- Standard three-business-day notice requirement waived; increase effective immediately.