---
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"
generated_at: "2026-06-07T04:16:43.414494+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Bain Capital Private Credit enters $50M senior secured revolving credit facility, expandable to $500M

## Summary
- $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).

## SEC filing metadata
- accession: 0001193125-24-002218
- form_type: 8-K
- cik: 0001899017
- company_name: Bain Capital Private Credit
- filed_at: 2024-01-04T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-002218
- JSON: https://secwatch.observer/filing/0001193125-24-002218.json
- Plain text: https://secwatch.observer/filing/0001193125-24-002218.txt

## Key facts
- Debt Financings
  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.
  - Instrument: credit facility
  - Principal: $50,000,000
  - Counterparty: Sumitomo Mitsui Banking Corporation
  - Rate: 2.125% per annum
  - Maturity: December 29, 2028
  - Event: incurrence
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1899017/000119312524002218/0001193125-24-002218-index.htm
- Material Agreements
  Bain Capital Private Credit entered into Credit Agreement with Sumitomo Mitsui Banking Corporation valued at $50,000,000 (effective 2023-12-29).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Sumitomo Mitsui Banking Corporation
  - Value: $50,000,000
  - Effective: 2023-12-29
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1899017/000119312524002218/0001193125-24-002218-index.htm

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