---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-121332"
form_type: "8-K"
ticker: null
cik: "0001950803"
company_name: "Stepstone Private Credit Fund LLC"
filed_at: "2025-05-16T23:59:59+00:00"
generated_at: "2026-05-21T03:44:01.310152+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# StepStone Private Credit Fund expands credit facility to $750M via Wells Fargo amendment

## Summary
- Amendment increases aggregate lender commitments from $650M to $750M.
- Non-use fee: 0.50% up to 65% of commitments and 2.00% above 65% for first six months; then 0.50% up to 35% and 2.00% above 35%.
- Facility maturity date remains February 27, 2030.
- The amendment was entered into on May 14, 2025, among StepStone SPV Facility III LLC and lenders including Wells Fargo and Raymond James Bank.

## SEC filing metadata
- accession: 0001193125-25-121332
- form_type: 8-K
- cik: 0001950803
- company_name: Stepstone Private Credit Fund LLC
- filed_at: 2025-05-16T23:59:59+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/1950803/000119312525121332/0001193125-25-121332-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1950803/000119312525121332/d842553d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-121332
- JSON: https://secwatch.observer/filing/0001193125-25-121332.json
- Plain text: https://secwatch.observer/filing/0001193125-25-121332.txt

## Key facts
- Debt Financings
  Stepstone Private Credit Fund LLC amended revolving credit of $750,000,000 with Wells Fargo Bank, National Association at 0.50% on the difference between the daily outstanding balance...plus 2.00%.
  - Instrument: revolving credit
  - Principal: $750,000,000
  - Counterparty: Wells Fargo Bank, National Association
  - Rate: 0.50% on the difference between the daily outstanding balance...plus 2.00%
  - Event: amendment
  source text: On May 14, 2025, Stepstone Private Credit Fund LLC (the “Company”), through a special purpose wholly-owned subsidiary, Stepstone SPV Facility III LLC (“SPV Facility III”), as borrower, entered into an amendment agreement dated as of May 14, 2025 (the “Wells Fargo Third Amendment”) to that certain Loan and Security Agreement with Wells Fargo Bank, National Association, as the administrative agent, UMB Bank, National Association, as the collateral agent, and the lenders party thereto from time to time, dated as of December 1, 2023 (as amended, including by the Wells Fargo Third Amendment, the “Wells Fargo Loan and Security Agreement”), which provides SPV Facility III with a revolving credit facility (giving effect to the Wells Fargo Third Amendment, the “Wells Fargo SPV III Credit Facility”). The Wells Fargo Third Amendment, among other changes, increased the aggregate commitments by the lenders under the Wells Fargo SPV III Credit Facility to $750,000,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1950803/000119312525121332/0001193125-25-121332-index.htm

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