---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-245813"
form_type: "8-K"
ticker: null
cik: "0001890107"
company_name: "First Eagle Private Credit Fund"
filed_at: "2023-09-28T23:59:59+00:00"
generated_at: "2026-06-10T07:49:13.485622+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# First Eagle Private Credit Fund enters $350M loan facility and raises $201M equity via drawdown

## Summary
- Loan facility of up to $350M from Morgan Stanley, matures Sept 2028; interest SOFR +3.05% revolver or +3.55% amort.
- Borrowings secured by substantially all assets of the SPV subsidiary.
- Capital drawdown of ~8.28M shares, aggregate $201.3M, expected close Oct 6, 2023.
- Sale unregistered, exempt under Section 4(a)(2) and Regulation D.

## SEC filing metadata
- accession: 0001193125-23-245813
- form_type: 8-K
- cik: 0001890107
- company_name: First Eagle Private Credit Fund
- filed_at: 2023-09-28T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1890107/000119312523245813/0001193125-23-245813-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1890107/000119312523245813/d419730d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-245813
- JSON: https://secwatch.observer/filing/0001193125-23-245813.json
- Plain text: https://secwatch.observer/filing/0001193125-23-245813.txt

## Key facts
- Debt Financings
  First Eagle Private Credit Fund incurred credit facility of up to a principal amount of $350,000,000 with Morgan Stanley Bank, N.A., as initial lender, certain other lenders, Morgan Stanley Senior Funding, Inc., as administrative agent at three month term SOFR; initial spread is 3.05% per annum for term SOFR advances maturing five (5) years following the Closing Date.
  - Instrument: credit facility
  - Principal: up to a principal amount of $350,000,000
  - Counterparty: Morgan Stanley Bank, N.A., as initial lender, certain other lenders, Morgan Stanley Senior Funding, Inc., as administrative agent
  - Rate: three month term SOFR; initial spread is 3.05% per annum for term SOFR advances
  - Maturity: five (5) years following the Closing Date
  - Event: incurrence
  source text: The Loan Agreement provides for secured borrowings during the revolving period of up to a principal amount of $350,000,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/1890107/000119312523245813/0001193125-23-245813-index.htm
- Material Agreements
  First Eagle Private Credit Fund entered into Loan Agreement with Morgan Stanley Bank, N.A., as initial lender, Morgan Stanley Senior Funding, Inc., as administrative agent, U.S. Bank Trust Company, National Association, as collateral agent and U.S. Bank National Association, as account bank and collateral custodian valued at $350,000,000 (effective 2023-09-22).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Morgan Stanley Bank, N.A., as initial lender, Morgan Stanley Senior Funding, Inc., as administrative agent, U.S. Bank Trust Company, National Association, as collateral agent and U.S. Bank National Association, as account bank and collateral custodian
  - Value: $350,000,000
  - Effective: 2023-09-22
  source text: entered into a loan and servicing agreement (the “ Loan Agreement ”) with Morgan Stanley Bank, N.A., as initial lender, certain other lenders from time to time party thereto, Morgan Stanley Senior Funding, Inc., as administrative agent (the “ Administrative Agent ”), U.S. Bank Trust Company, National Association, as collateral agent and U.S. Bank National Association, as account bank and collateral custodian.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1890107/000119312523245813/0001193125-23-245813-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.