secwatch.observer — SEC 8-K summary
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Issuer:     Stepstone Private Credit Fund LLC (—)
CIK:        0001950803
Form:       8-K
Filed at:   2025-08-25T23:59:59+00:00
Accession:  0001193125-25-187441
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

StepStone Private Credit Fund prices $298.9M CLO with AAA/AA tranches
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- $174M Class A notes at SOFR+1.68% rated AAA(sf); $30M Class B at SOFR+2.00% rated AA(sf).
- $94.87M subordinated notes (no interest) also issued; total notes $298.87M with 2037 legal maturity.
- Company retains all Class B and subordinated notes; non-call period of ~1.93 years.
- Issuance expected to close by September 17, 2025; backed by senior secured middle-market loans.
- StepStone will serve as collateral manager and waive management and incentive fees.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1950803/000119312525187441/0001193125-25-187441-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1950803/000119312525187441/d940831d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-187441

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