{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-136858","form_type":"8-K","ticker":null,"cik":"0001634452","company_name":"AB Private Credit Investors Corp","filed_at":"2023-05-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.756213+00:00","generated_at":"2026-06-15T16:53:25.556694+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"AB Private Credit closes $395M CLO XIII; $228M Class A notes at ref+2.60%","bullets":["Issued $228M Class A (Ref+2.60%), $36M Class B (Ref+3.65%), $36M Class C (Ref+4.55%), $28M Class D (Ref+6.90%), $67M subordinated notes.","Notes mature April 27, 2035; secured by portfolio of middle market loans and participations.","Proceeds used to repay warehouse facility and make ~$42.25M cash distribution to AB Private Credit Investors.","Adviser waives base management fee and subordinated interest under collateral management agreement.","Private placement of unregistered notes; no public offering."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-136858","json":"https://secwatch.observer/filing/0001193125-23-136858.json","markdown":"https://secwatch.observer/filing/0001193125-23-136858.md","text":"https://secwatch.observer/filing/0001193125-23-136858.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1634452/000119312523136858/0001193125-23-136858-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1634452/000119312523136858/d358534d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T16:53:25.556694+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"11502c131c28e72708b39c0e5ca2eac827fd2a5f","claim":"AB Private Credit Investors Corp incurred senior notes of $28,000,000 of Class D Secured Deferrable Floating Rate Notes with U.S. Bank Trust Company, National Association at Reference Rate plus 6.90% per annum maturing April 27, 2035.","evidence_excerpt":"(iv) $28,000,000 of Class D Secured Deferrable Floating Rate Notes, which bear interest at the Reference Rate plus 6.90% per annum","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1634452/000119312523136858/0001193125-23-136858-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$28,000,000 of Class D Secured Deferrable Floating Rate Notes"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Rate","value":"Reference Rate plus 6.90% per annum"},{"label":"Maturity","value":"April 27, 2035"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"7d09629c49dd36b2a8acdc97a53ce8ca9443a84d","claim":"AB Private Credit Investors Corp incurred senior notes of $228,000,000 of Class A Senior Secured Floating Rate Notes with U.S. Bank Trust Company, National Association at Reference Rate plus 2.60% per annum maturing April 27, 2035.","evidence_excerpt":"The CLO Transaction was executed through a private placement of: (i) $228,000,000 of Class A Senior Secured Floating Rate Notes, which bear interest at the Reference Rate (as defined in the Indenture) plus 2.60% per annum","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1634452/000119312523136858/0001193125-23-136858-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$228,000,000 of Class A Senior Secured Floating Rate Notes"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Rate","value":"Reference Rate plus 2.60% per annum"},{"label":"Maturity","value":"April 27, 2035"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"a2d06218f07d79f37eb4314acecf4d02e247c0e6","claim":"AB Private Credit Investors Corp incurred senior notes of $36,000,000 of Class B Senior Secured Floating Rate Notes with U.S. Bank Trust Company, National Association at Reference Rate plus 3.65% per annum maturing April 27, 2035.","evidence_excerpt":"(ii) $36,000,000 of Class B Senior Secured Floating Rate Notes, which bear interest at the Reference Rate plus 3.65% per annum","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1634452/000119312523136858/0001193125-23-136858-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$36,000,000 of Class B Senior Secured Floating Rate Notes"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Rate","value":"Reference Rate plus 3.65% per annum"},{"label":"Maturity","value":"April 27, 2035"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"d183fc796bb783c5d6604c475aa5be69eef79171","claim":"AB Private Credit Investors Corp incurred senior notes of $36,000,000 of Class C Secured Deferrable Floating Rate Notes with U.S. Bank Trust Company, National Association at Reference Rate plus 4.55% per annum maturing April 27, 2035.","evidence_excerpt":"(iii) $36,000,000 of Class C Secured Deferrable Floating Rate Notes, which bear interest at the Reference Rate plus 4.55% per annum","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1634452/000119312523136858/0001193125-23-136858-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$36,000,000 of Class C Secured Deferrable Floating Rate Notes"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Rate","value":"Reference Rate plus 4.55% per annum"},{"label":"Maturity","value":"April 27, 2035"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"d6d455a480ee294bf9c887dea0b6fc08aeccce7f","claim":"AB Private Credit Investors Corp incurred debt of $67,000,000 of subordinated notes with U.S. Bank Trust Company, National Association maturing April 27, 2035.","evidence_excerpt":"Static Subsidiary ”), ABPCI Direct Lending Fund CLO XIII Second Static Subsidiary Ltd (the “ Second Static Subsidiary ” and together with the First Static Subsidiary, the “ Static Subsidiaries ”, and together with the Co-Issuers, the “ Issuer Entities ”), and U.S. Bank Trust Company, National Association (the “ CLO Transaction ”). The notes offered by the applicable Issuer Entities in the CLO Transaction (the “ Notes ”) are secured by a diversified portfolio of the Issuer Entities consisting primarily of middle market loans and participation interests in middle market loans and may also include some broadly syndicated loans.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1634452/000119312523136858/0001193125-23-136858-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Principal","value":"$67,000,000 of subordinated notes"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Maturity","value":"April 27, 2035"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}