StepStone Private Credit Fund sells $177.1M unregistered shares; NAV $26.48/sh

Stepstone Private Credit Fund LLC

Sold 6,688,332 unregistered shares for $177.1M aggregate consideration under private offering.
NAV per share at Nov 30, 2025: $26.48; total NAV ~$1.72B; portfolio fair value ~$2.87B.
Q4 2025 distribution of $0.605/share declared, payable Jan 30, 2026 to holders of record Dec 30, 2025.
Cumulative private offering issuance: 68.55M shares for ~$1.79B; continuing up to $10B.

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 6,688,332 unregistered shares of common stock to participating investors for aggregate consideration of $177.1 million.

Security: common stock
Shares: 6,688,332 unregistered shares
Purchaser: participating investors
Consideration: aggregate consideration of $177.1 million

Exact text from the filing

of Sold Shares issued being determined on December 29, 2025) pursuant to subscription agreements entered into with the participating investors for aggregate consideration of $177.1 million. The offer and sale of the Sold Shares were conducted in connection with the Company’s continuous private offering of Shares in reliance on the exemption from the registration

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Source: SEC EDGAR

accession 0001193125-25-334371

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