---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-145905"
form_type: "8-K"
ticker: null
cik: "0001950803"
company_name: "Stepstone Private Credit Fund LLC"
filed_at: "2025-06-25T23:59:59+00:00"
generated_at: "2026-05-18T21:26:19.238754+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# StepStone Private Credit Fund increases BMO facility to $162.5M, margin cut to 2.35%

## Summary
- Aggregate commitments raised to $162.5M from $109.5M, an increase of $53M.
- Applicable margin on borrowings reduced to 2.35% per annum (Term SOFR + 2.35%) from 2.50%.
- Commitment termination date extended to June 30, 2027; maturity remains May 1, 2030.
- Amendment dated June 23, 2025, through wholly-owned SPV StepStone Great Lakes SPV Facility II LLC.

## SEC filing metadata
- accession: 0001193125-25-145905
- form_type: 8-K
- cik: 0001950803
- company_name: Stepstone Private Credit Fund LLC
- filed_at: 2025-06-25T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1950803/000119312525145905/0001193125-25-145905-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1950803/000119312525145905/d887273d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-145905
- JSON: https://secwatch.observer/filing/0001193125-25-145905.json
- Plain text: https://secwatch.observer/filing/0001193125-25-145905.txt

## Key facts
- Debt Financings
  Stepstone Private Credit Fund LLC amended revolving credit of increased the aggregate commitments by the lenders under the BMO SPV II Credit Facility to $162,500,000 from $109,500,00 with Bank of Montreal at Term SOFR plus a margin of 2.35% maturing extended the commitment termination date under the BMO SPV II Credit Facility to June 30, 2027; scheduled maturity date remains May 1, 2030.
  - Instrument: revolving credit
  - Principal: increased the aggregate commitments by the lenders under the BMO SPV II Credit Facility to $162,500,000 from $109,500,00
  - Counterparty: Bank of Montreal
  - Rate: Term SOFR plus a margin of 2.35%
  - Maturity: extended the commitment termination date under the BMO SPV II Credit Facility to June 30, 2027; scheduled maturity date remains May 1, 2030
  - Event: amendment
  source text: the “BMO SPV II Credit Facility”). The BMO Third Amendment, among other changes, (i) increased the aggregate commitments by the lenders under the BMO SPV II Credit Facility to $162,500,000 from $109,500,000, (ii) reduced the applicable margin on borrowings under the BMO SPV II Credit Facility, such that borrowings under the BMO SPV II Credit Facility will generally
  evidence_url: https://www.sec.gov/Archives/edgar/data/1950803/000119312525145905/0001193125-25-145905-index.htm

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