--- schema_version: "secwatch.filing_event.v1" accession: "0001193125-25-052759" form_type: "8-K" ticker: null cik: "0001634452" company_name: "AB Private Credit Investors Corp" filed_at: "2025-03-12T23:59:59+00:00" generated_at: "2026-05-24T22:35:03.957146+00:00" event_type: "debt" sentiment: "neutral" materiality_score: 0.65 calibrated_materiality_score: 0.65 confidence: "high" source: SEC EDGAR --- # ABPCI CLO subsidiary refinances with $285M new CLO notes; redeems existing debt ## Summary - Issued $285M in new secured notes/loans (Class A-1-RR, A-1L-R, A-2-RR, B-RR, C-RR, additional Sub Notes) to redeem existing secured notes. - New tranches: $103M A-1-RR (SOFR+1.40%), $100M A-1L-R (SOFR+1.40%), $14M A-2-RR (SOFR+1.60%), $21M B-RR (SOFR+1.70%), $28M C-RR (SOFR+2.00%), $18.98M additional Sub Notes (non-interest bearing). - $61.32M of existing Subordinated Notes remain outstanding after the refinancing; new debt matures January 27, 2037. - Adviser (AB Private Credit Investors LLC) elects to receive $0 base management fee under the collateral management agreement. ## SEC filing metadata - accession: 0001193125-25-052759 - form_type: 8-K - cik: 0001634452 - company_name: AB Private Credit Investors Corp - filed_at: 2025-03-12T23:59:59+00:00 - event_type: debt - sentiment: neutral - materiality_score: 0.65 - calibrated_materiality_score: 0.65 - confidence: high - sec_items: 1.01, 2.03, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1634452/000119312525052759/0001193125-25-052759-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1634452/000119312525052759/d248833d8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001193125-25-052759 - JSON: https://secwatch.observer/filing/0001193125-25-052759.json - Plain text: https://secwatch.observer/filing/0001193125-25-052759.txt ## Key facts - Debt Financings AB Private Credit Investors Corp incurred debt of $18,980,000 with U.S. Bank Trust Company, National Association at do not bear interest maturing January 27, 2037. - Principal: $18,980,000 - Counterparty: U.S. Bank Trust Company, National Association - Rate: do not bear interest - Maturity: January 27, 2037 - Event: incurrence source text: nd together with the Issuer, the “ Co-Issuers ”), each a special purpose vehicle and each a wholly-owned subsidiary of AB Private Credit Investors Corporation (the “ Fund ”), executed that certain amended and restated indenture by and among the Co-Issuers and U.S. Bank Trust Company, National Association (the “ Refinancing CLO Transaction ”) to redeem all of the outstanding secured notes (the “ Existing Secured Notes ”) issued by the Co-Issuers pursuant to that certain original indenture, dated as of August 9, 2019, as amended by that certain First Supplemental Indenture, dated as of April 28, 2022 and that certain Second Supplemental Indenture, dated as of March 8, 2024, with the proceeds from the private placement of new Debt offered by the Co-Issuers in the Refinancing CLO Transaction (the “ Refinancing Debt ”). evidence_url: https://www.sec.gov/Archives/edgar/data/1634452/000119312525052759/0001193125-25-052759-index.htm - Debt Financings AB Private Credit Investors Corp incurred loan of $100,000,000 with U.S. Bank Trust Company, National Association at three-months SOFR plus 1.40% per annum maturing January 27, 2037. - Instrument: loan - Principal: $100,000,000 - Counterparty: U.S. Bank Trust Company, National Association - Rate: three-months SOFR plus 1.40% per annum - Maturity: January 27, 2037 - Event: incurrence source text: $100,000,000 of Class A-1L-R Senior Secured Floating Rate Loans, which bear interest at three-months SOFR plus 1.40% per annum evidence_url: https://www.sec.gov/Archives/edgar/data/1634452/000119312525052759/0001193125-25-052759-index.htm - Debt Financings AB Private Credit Investors Corp incurred senior notes of $21,000,000 with U.S. Bank Trust Company, National Association at SOFR plus 1.70% per annum maturing January 27, 2037. - Instrument: senior notes - Principal: $21,000,000 - Counterparty: U.S. Bank Trust Company, National Association - Rate: SOFR plus 1.70% per annum - Maturity: January 27, 2037 - Event: incurrence source text: $21,000,000 of Class B-RR Senior Secured Floating Rate Notes, which bear interest at SOFR plus 1.70% per annum evidence_url: https://www.sec.gov/Archives/edgar/data/1634452/000119312525052759/0001193125-25-052759-index.htm - Debt Financings AB Private Credit Investors Corp incurred senior notes of $103,000,000 with U.S. Bank Trust Company, National Association at three-months SOFR plus 1.40% per annum maturing January 27, 2037. - Instrument: senior notes - Principal: $103,000,000 - Counterparty: U.S. Bank Trust Company, National Association - Rate: three-months SOFR plus 1.40% per annum - Maturity: January 27, 2037 - Event: incurrence source text: $103,000,000 of Class A-1-RR Senior Secured Floating Rate Notes, which bear interest at three-months SOFR plus 1.40% per annum evidence_url: https://www.sec.gov/Archives/edgar/data/1634452/000119312525052759/0001193125-25-052759-index.htm - Debt Financings AB Private Credit Investors Corp incurred debt of $28,000,000 with U.S. Bank Trust Company, National Association at SOFR plus 2.00% per annum maturing January 27, 2037. - Principal: $28,000,000 - Counterparty: U.S. Bank Trust Company, National Association - Rate: SOFR plus 2.00% per annum - Maturity: January 27, 2037 - Event: incurrence source text: $28,000,000 of Class C-RR Secured Deferrable Floating Rate Notes, which bear interest at SOFR plus 2.00% per annum evidence_url: https://www.sec.gov/Archives/edgar/data/1634452/000119312525052759/0001193125-25-052759-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.