{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-337157","form_type":"8-K","ticker":"PGIM","cik":"0001923622","company_name":"PGIM Private Credit Fund","filed_at":"2025-12-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.078958+00:00","generated_at":"2026-05-16T12:01:44.857310+00:00","sec_items":["3.02","7.01","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"PGIM Private Credit Fund issues 220 shares with $1K notes at 12%; declares Dec distributions","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-337157","json":"https://secwatch.observer/filing/0001193125-25-337157.json","markdown":"https://secwatch.observer/filing/0001193125-25-337157.md","text":"https://secwatch.observer/filing/0001193125-25-337157.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1923622/000119312525337157/0001193125-25-337157-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1923622/000119312525337157/ck0001923622-20251223.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T12:01:44.857310+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":"3890a4071d59c3e665c58f0216540555177fbeb9","claim":"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.","evidence_excerpt":"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).","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1923622/000119312525337157/0001193125-25-337157-index.htm","confidence":0.9,"family_label":"Equity Issuances","details":[{"label":"Security","value":"unit"},{"label":"Shares","value":"220 unregistered Class S and Class D common shares"},{"label":"Purchaser","value":"110 separate accredited investors"},{"label":"Consideration","value":"$25,571 aggregate offering price; $25.35 per Class S and $25.29 per Class D common share; $1,000 per Note"}],"fact_type":"equity_issuance"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}