secwatch.observer — SEC 8-K summary
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Issuer:     BlackRock Private Credit Fund (—)
CIK:        0001902649
Form:       8-K
Filed at:   2024-04-25T23:59:59+00:00
Accession:  0001140361-24-022113
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BlackRock Private Credit Fund enters $75M revolving credit facility with SMBC, expandable to $500M
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- Initial revolving credit facility of $75M, secured by portfolio investments, with uncommitted accordion to $500M.
- Maturity April 19, 2029; availability period ends April 19, 2028.
- Interest at Term SOFR or prime rate plus margin of 1.875%–2.00% depending on borrowing base ratio.
- Undrawn commitment fee of 0.375% per annum; proceeds for general corporate purposes including portfolio investments.
- Credit facility includes customary covenants and events of default; guaranteed by certain future domestic subsidiaries.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1902649/000114036124022113/0001140361-24-022113-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1902649/000114036124022113/ef20027685_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-022113

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