Manulife Private Credit Fund: debt financing — Manulife Private Credit Fund ups credit facility to $175M, cuts interest margin to 2.20%

Manulife Private Credit Fund

Maximum loan commitments under JPM Funding Facility increased from $150M to $175M, with option to further increase to $250M.
Interest rate on borrowings reduced: applicable margin lowered from 2.30% to 2.20% over Term SOFR or Base Rate.
Commitment fee on undrawn commitments decreased from 0.75% to 0.60%.
Minimum loan utilization schedule reset; borrower gets option to increase maximum advance rate.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Manulife Private Credit Fund amended credit facility of up to $175 million with JPMorgan Chase Bank, National Association at Term Secured Overnight Funds Rate or Base Rate plus an applicable margin of 2.20.

Instrument: credit facility
Principal: up to $175 million
Counterparty: JPMorgan Chase Bank, National Association
Rate: Term Secured Overnight Funds Rate or Base Rate plus an applicable margin of 2.20
Event: amendment

Exact text from the filing

The Amendment provides for an increase to the maximum loan commitments available under the JPM Funding Facility to $175 million, with an option for the Borrower to further increase the maximum loan commitments to $250 million. In addition, the Amendment provides for a decrease in the interest rate on borrowings under the JPM Funding Facility from an applicable margin of 2.30% to 2.20%, in each case over Term Secured Overnight Funds Rate or a Base Rate, and a decrease in the commitment fee on undrawn loan commitments from 0.75% to 0.60%.

View on SEC.gov

Browse all debt financings →

Source: SEC EDGAR

accession 0001193125-25-079781

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.