--- 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" generated_at: "2026-06-15T16:53:25.556694+00:00" event_type: "debt" sentiment: "neutral" materiality_score: 0.55 calibrated_materiality_score: 0.55 confidence: "high" source: SEC EDGAR --- # AB Private Credit closes $395M CLO XIII; $228M Class A notes at ref+2.60% ## Summary - 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. ## SEC filing metadata - accession: 0001193125-23-136858 - form_type: 8-K - cik: 0001634452 - company_name: AB Private Credit Investors Corp - filed_at: 2023-05-05T23:59:59+00:00 - event_type: debt - sentiment: neutral - materiality_score: 0.55 - calibrated_materiality_score: 0.55 - confidence: high - sec_items: 1.01, 2.03, 9.01 - 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 ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001193125-23-136858 - JSON: https://secwatch.observer/filing/0001193125-23-136858.json - Plain text: https://secwatch.observer/filing/0001193125-23-136858.txt ## Key facts - Debt Financings 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. - Instrument: senior notes - Principal: $28,000,000 of Class D Secured Deferrable Floating Rate Notes - Counterparty: U.S. Bank Trust Company, National Association - Rate: Reference Rate plus 6.90% per annum - Maturity: April 27, 2035 - Event: incurrence source text: (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_url: https://www.sec.gov/Archives/edgar/data/1634452/000119312523136858/0001193125-23-136858-index.htm - Debt Financings 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. - Instrument: senior notes - Principal: $228,000,000 of Class A Senior Secured Floating Rate Notes - Counterparty: U.S. Bank Trust Company, National Association - Rate: Reference Rate plus 2.60% per annum - Maturity: April 27, 2035 - Event: incurrence source text: 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_url: https://www.sec.gov/Archives/edgar/data/1634452/000119312523136858/0001193125-23-136858-index.htm - Debt Financings 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. - Instrument: senior notes - Principal: $36,000,000 of Class B Senior Secured Floating Rate Notes - Counterparty: U.S. Bank Trust Company, National Association - Rate: Reference Rate plus 3.65% per annum - Maturity: April 27, 2035 - Event: incurrence source text: (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_url: https://www.sec.gov/Archives/edgar/data/1634452/000119312523136858/0001193125-23-136858-index.htm - Debt Financings 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. - Instrument: senior notes - Principal: $36,000,000 of Class C Secured Deferrable Floating Rate Notes - Counterparty: U.S. Bank Trust Company, National Association - Rate: Reference Rate plus 4.55% per annum - Maturity: April 27, 2035 - Event: incurrence source text: (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_url: https://www.sec.gov/Archives/edgar/data/1634452/000119312523136858/0001193125-23-136858-index.htm - Debt Financings 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. - Principal: $67,000,000 of subordinated notes - Counterparty: U.S. Bank Trust Company, National Association - Maturity: April 27, 2035 - Event: incurrence source text: 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_url: https://www.sec.gov/Archives/edgar/data/1634452/000119312523136858/0001193125-23-136858-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.