{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-002218","form_type":"8-K","ticker":null,"cik":"0001899017","company_name":"Bain Capital Private Credit","filed_at":"2024-01-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.270073+00:00","generated_at":"2026-06-07T04:16:43.414494+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Bain Capital Private Credit enters $50M senior secured revolving credit facility, expandable to $500M","bullets":["$50M initial facility from Sumitomo Mitsui Banking Corp; accordion permits increase up to $500M.","Maturity December 29, 2028; interest rates range from 1.0% to 2.125% plus credit spread adjustment.","Proceeds for general corporate purposes, including debt repayment, distributions, and investments.","Applicable Margin step-up (0.125%) if no investment grade rating obtained within nine months.","Borrowing base coverage ratio determines Applicable Margin tiers (1.6x threshold)."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-002218","json":"https://secwatch.observer/filing/0001193125-24-002218.json","markdown":"https://secwatch.observer/filing/0001193125-24-002218.md","text":"https://secwatch.observer/filing/0001193125-24-002218.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1899017/000119312524002218/0001193125-24-002218-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1899017/000119312524002218/d902900d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T04:16:43.414494+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":"de6ea198a8abf79396304950d3af1d14d1b951e9","claim":"Bain Capital Private Credit incurred credit facility of $50,000,000 with Sumitomo Mitsui Banking Corporation at 2.125% per annum maturing December 29, 2028.","evidence_excerpt":"of December 29, 2023. Capitalized terms used but not defined herein shall have the meanings set forth in the Credit Agreement. The facility amount under the Credit Agreement is $50,000,000 with an accordion provision to permit increases to the total facility amount up to $500,000,000. Proceeds of the loans under the Credit Agreement may be used for general corporate","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1899017/000119312524002218/0001193125-24-002218-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"$50,000,000"},{"label":"Counterparty","value":"Sumitomo Mitsui Banking Corporation"},{"label":"Rate","value":"2.125% per annum"},{"label":"Maturity","value":"December 29, 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"2abaec5748b163fc1e98fe0bdb4a278d0e448106","claim":"Bain Capital Private Credit entered into Credit Agreement with Sumitomo Mitsui Banking Corporation valued at $50,000,000 (effective 2023-12-29).","evidence_excerpt":"On December 29, 2023, Bain Capital Private Credit (the “Company”), entered into a senior secured revolving credit agreement (the “Credit Agreement”) as Borrower, with Sumitomo Mitsui Banking Corporation, as Administrative Agent, Sole Book Runner and Lead Arranger.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1899017/000119312524002218/0001193125-24-002218-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Sumitomo Mitsui Banking Corporation"},{"label":"Value","value":"$50,000,000"},{"label":"Effective","value":"2023-12-29"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}