---
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"
generated_at: "2026-05-16T12:01:44.857310+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 3.02, 7.01, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-337157
- JSON: https://secwatch.observer/filing/0001193125-25-337157.json
- Plain text: https://secwatch.observer/filing/0001193125-25-337157.txt

## Key facts
- Equity Issuances
  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
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1923622/000119312525337157/0001193125-25-337157-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.