secwatch.observer — SEC 8-K summary
======================================

Issuer:     Bain Capital Private Credit (—)
CIK:        0001899017
Form:       8-K
Filed at:   2023-11-30T23:59:59+00:00
Accession:  0001193125-23-286337
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bain Capital Private Credit enters $150M revolving credit facility; reaches $100M offering milestone
--------------------------------------------------------------------------------

- Maximum commitment $150M; interest at 3-month term SOFR + 2.90% for USD borrowings.
- Facility matures November 29, 2028; borrowing period ends November 29, 2026; commitment fee 0.50% on unused amount.
- Fund satisfied $100M minimum offering requirement; 4,027,980 shares issued; escrow released.
- Portfolio at cost ~$192.1M across 17 companies; 99% first lien senior secured debt, 100% floating rate.
- Proceeds to fund portfolio investments and delayed draw term loans/revolving loans where Borrower is lender.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1899017/000119312523286337/0001193125-23-286337-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1899017/000119312523286337/d618794d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-286337

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer