---
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"
generated_at: "2026-05-17T23:48:53.340102+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-25-167875
- form_type: 8-K
- cik: 0001950803
- company_name: Stepstone Private Credit Fund LLC
- filed_at: 2025-07-29T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-167875
- JSON: https://secwatch.observer/filing/0001193125-25-167875.json
- Plain text: https://secwatch.observer/filing/0001193125-25-167875.txt

## Key facts
- Debt Financings
  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.
  - Instrument: revolving credit
  - Principal: $250.0 million
  - Counterparty: JP Morgan Chase Bank, National Association, as the administrative agent
  - Rate: Term SOFR plus a margin of (a) 1.85% until January 24, 2027, or (b) 1.90% for th
  - Maturity: July 25, 2030
  - Event: incurrence
  source text: (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_url: https://www.sec.gov/Archives/edgar/data/1950803/000119312525167875/0001193125-25-167875-index.htm

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