PGIM Private Credit Fund issues 220 shares with $1K notes at 12%; declares Dec distributions

PGIM Private Credit Fund

Issued 110 Class S and 110 Class D shares at $25.35 and $25.29 each, bundled with $1,000 promissory notes (12% annual interest, 30-year term).
December 2025 distributions declared: Class S $0.25822, Class D $0.27130, Class I $0.27645 per share; payable Jan 30, 2026.
NAV per share as of Nov 30, 2025: Class S $25.35, Class D $25.29, Class I $24.81; aggregate NAV $198.9M on portfolio $312.7M.
Total shares sold in public and private offerings reached 6.9M for $174.5M; $2.5B public offering remains ongoing.

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

PGIM Private Credit Fund issued 220 unregistered Class S and Class D common shares of unit to 110 separate accredited investors for $25,571 aggregate offering price; $25.35 per Class S and $25.29 per Class D common share; $1,000 per Note.

Security: unit
Shares: 220 unregistered Class S and Class D common shares
Purchaser: 110 separate accredited investors
Consideration: $25,571 aggregate offering price; $25.35 per Class S and $25.29 per Class D common share; $1,000 per Note

Exact text from the filing

As of December 1, 2025, PGIM Private Credit Fund (the “ Fund ”) issued and sold 220 of its unregistered Class S and Class D common shares of beneficial interest, $0.001 par value per share, for an aggregate offering price of approximately $25,571, reflecting a purchase price of $25.35 per Class S common share and $25.29 per Class D common share (with the final number of Class S and Class D common shares being determined on December 23, 2025).

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PGIM Private Credit Fund filing history →

Source: SEC EDGAR

accession 0001193125-25-337157

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