StepStone Private Credit Fund enters $250M JPMorgan revolving credit facility

Stepstone Private Credit Fund LLC

Aggregate lender commitments of $250M under JPM SPV V Credit Facility.
Borrowings bear interest at applicable benchmark plus 1.85% (to Jan 2027) then 1.90%.
Maturity date July 25, 2030; reinvestment period ends July 25, 2028.
Advances secured by all assets of SPV Facility V; borrowing base advance rate 62.5%.
Non-use fee of 0.60% per annum on unused commitments during first three years.

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