{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-167875","form_type":"8-K","ticker":null,"cik":"0001950803","company_name":"Stepstone Private Credit Fund LLC","filed_at":"2025-07-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.680801+00:00","generated_at":"2026-05-17T23:48:53.340102+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"StepStone Private Credit Fund enters $250M JPMorgan revolving credit facility","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-167875","json":"https://secwatch.observer/filing/0001193125-25-167875.json","markdown":"https://secwatch.observer/filing/0001193125-25-167875.md","text":"https://secwatch.observer/filing/0001193125-25-167875.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1950803/000119312525167875/0001193125-25-167875-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1950803/000119312525167875/d95730d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T23:48:53.340102+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7ce389fe9e1626d3af6a9d65ab98a734f6befcbc","claim":"Stepstone Private Credit Fund LLC incurred revolving credit of $250.0 million with JP Morgan Chase Bank, National Association, as the administrative agent at Term SOFR plus a margin of (a) 1.85% until January 24, 2027, or (b) 1.90% for th maturing July 25, 2030.","evidence_excerpt":"(the “JPM SPV V Credit Facility”). The Company serves as portfolio manager and parent under the JPM Loan and Security Agreement. The lenders have made aggregate commitments of $250.0 million under the JPM SPV V Credit Facility, which will be available to draw in U.S. dollars and, subject to agreed limits, Euros, sterling, Canadian dollars and/or Swiss francs (the","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1950803/000119312525167875/0001193125-25-167875-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$250.0 million"},{"label":"Counterparty","value":"JP Morgan Chase Bank, National Association, as the administrative agent"},{"label":"Rate","value":"Term SOFR plus a margin of (a) 1.85% until January 24, 2027, or (b) 1.90% for th"},{"label":"Maturity","value":"July 25, 2030"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}