{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-328294","form_type":"8-K","ticker":null,"cik":"0001950803","company_name":"Stepstone Private Credit Fund LLC","filed_at":"2025-12-22T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.134336+00:00","generated_at":"2026-05-16T12:28:23.944788+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 issues $300M senior notes in four tranches","bullets":["Issued $75M 5.94% Tranche A due 2028, $75M 5.94% Tranche B due 2029, $75M 6.32% Tranche C due 2030, $75M 6.32% Tranche D due 2031.","Tranches A and C closed Dec 17, 2025; Tranches B and D expected to close Mar 17, 2026.","Notes are unsecured, rank pari passu; rates may increase up to 2% if below investment grade or secured debt ratio thresholds are breached.","Entered interest rate swaps converting fixed rates to floating (three-month SOFR plus spread) to align with floating-rate loan portfolio.","Proceeds for general corporate purposes including investments, debt repayment, and distributions."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-328294","json":"https://secwatch.observer/filing/0001193125-25-328294.json","markdown":"https://secwatch.observer/filing/0001193125-25-328294.md","text":"https://secwatch.observer/filing/0001193125-25-328294.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1950803/000119312525328294/0001193125-25-328294-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1950803/000119312525328294/d140525d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T12:28:23.944788+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":"0aff6f0e55feeeef7f25c839366e4a7e3e247857","claim":"Stepstone Private Credit Fund LLC incurred senior notes of $75,000,000 at 6.32% maturing December 17, 2030.","evidence_excerpt":"$75,000,000 in aggregate principal amount of its 6.32% Series 2025 Senior Notes, Tranche C, due December 17, 2030","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1950803/000119312525328294/0001193125-25-328294-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$75,000,000"},{"label":"Rate","value":"6.32%"},{"label":"Maturity","value":"December 17, 2030"},{"label":"Event","value":"incurrence"}]},{"claim_id":"1e30ce8203f37ba19b9840db4c34b3a8c0be6e36","claim":"Stepstone Private Credit Fund LLC incurred senior notes of $75,000,000 at 6.32% maturing March 17, 2031.","evidence_excerpt":"$75,000,000 in aggregate principal amount of its 6.32% Series 2025 Senior Notes, Tranche D, due March 17, 2031","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1950803/000119312525328294/0001193125-25-328294-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$75,000,000"},{"label":"Rate","value":"6.32%"},{"label":"Maturity","value":"March 17, 2031"},{"label":"Event","value":"incurrence"}]},{"claim_id":"60125680bc326ce1fe45757a8221382011985bc7","claim":"Stepstone Private Credit Fund LLC incurred senior notes of $75,000,000 at 5.94% maturing December 17, 2028.","evidence_excerpt":"$75,000,000 in aggregate principal amount of its 5.94% Series 2025 Senior Notes, Tranche A, due December 17, 2028","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1950803/000119312525328294/0001193125-25-328294-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$75,000,000"},{"label":"Rate","value":"5.94%"},{"label":"Maturity","value":"December 17, 2028"},{"label":"Event","value":"incurrence"}]},{"claim_id":"6e817b858a73083cb4688a21edafe919c876c37c","claim":"Stepstone Private Credit Fund LLC incurred senior notes of $75,000,000 at 5.94% maturing March 17, 2029.","evidence_excerpt":"$75,000,000 in aggregate principal amount of its 5.94% Series 2025 Senior Notes, Tranche B, due March 17, 2029","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1950803/000119312525328294/0001193125-25-328294-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$75,000,000"},{"label":"Rate","value":"5.94%"},{"label":"Maturity","value":"March 17, 2029"},{"label":"Event","value":"incurrence"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}