secwatch.observer — SEC 8-K summary
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Issuer:     AB Private Credit Investors Corp (—)
CIK:        0001634452
Form:       8-K
Filed at:   2023-05-05T23:59:59+00:00
Accession:  0001193125-23-136858
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AB Private Credit closes $395M CLO XIII; $228M Class A notes at ref+2.60%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1634452/000119312523136858/0001193125-23-136858-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1634452/000119312523136858/d358534d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-136858

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