StepStone Private Credit Fund corrects Q2 2025 NII per share to $0.63 from $0.67

Stepstone Private Credit Fund LLC

Correction reduces net investment income per share for three months ended June 30, 2025 to $0.63 from originally reported $0.67.
NAV per share as of June 30, 2025: $25.98; aggregate NAV $1,254.9M, portfolio fair value $2,137.9M, debt $924.2M.
Sold 1,526,434 unregistered shares for $39.7M under continuous private offering; total issued 47,989,212 shares for ~$1,249.8M.
Private offering up to $10B in shares; company intends to continue monthly sales.

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

Stepstone Private Credit Fund LLC issued 1,526,434 unregistered shares of common stock to participating investors for $39.7 million.

Security: common stock
Shares: 1,526,434 unregistered shares
Purchaser: participating investors
Consideration: $39.7 million

Exact text from the filing

As of July 1, 2025, Stepstone Private Credit Fund LLC (the “Company”) sold 1,526,434 unregistered shares (the “Sold Shares”) of the Company’s limited liability company interests (the “Shares”) (with the final number of Sold Shares issued being determined on July 29, 2025) pursuant to subscription agreements entered into with the participating investors for aggregate consideration of $39.7 million.

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Source: SEC EDGAR

accession 0001193125-25-249978

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